EUR/USD may rise 16 - 31 pips
BY Trading Central
|iulie 12, 2024Intraday: bullish bias above 1.0845.
Pivot
1.0845
Our preference
Long positions above 1.0845 with targets at 1.0885 & 1.0900 in extension.
Alternative scenario
Below 1.0845 look for further downside with 1.0825 & 1.0805 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances
1.0915
1.0900
1.0885
1.0869 Last
1.0845
1.0825
1.0805
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined