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Analysis

EUR/USD may fall 12 - 22 pips

BY Trading Central

|Mai 17, 2024

Intraday: under pressure.

Intraday: under pressure.

Pivot

1.0880

Our preference

Short positions below 1.0880 with targets at 1.0845 & 1.0835 in extension.

Alternative scenario

Above 1.0880 look for further upside with 1.0895 & 1.0910 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

1.0910

1.0895

1.0880

1.0857 Last

1.0845

1.0835

1.0820

Number of asterisks represents the strength of support and resistance levels.

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