EUR/USD Intraday: the downside prevails.
Our preference: short positions below 1.0565 with targets at 1.0525 & 1.0505 in extension.
Alternative scenario: above 1.0565 look for further upside with 1.0580 & 1.0605 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
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.