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EUR/USD Intraday: bullish bias above 1.0725.

2023-09-13
534

Pivot: 1.0725

Our preference: long positions above 1.0725 with targets at 1.0770 & 1.0780 in extension.

Alternative scenario: below 1.0725 look for further downside with 1.0705 & 1.0690 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.0800

1.0780

1.0770

1.0735 Last

1.0725

1.0705

1.0690

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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