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EUR/USD MT: the upside prevails.

2024-04-29
159

Pivot: 1.0370

Our preference: long positions above 1.0370 with targets at 1.1275 & 1.1500 in extension.

Alternative scenario: below 1.0370 look for further downside with 1.0000 & 0.9530 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.1900

1.1500

1.1275

1.0719 Last

1.0370

1.0000

0.9530

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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