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EUR/USD Intraday: the downside prevails.
2024-04-29
255
Pivot: 1.0720
Our preference: short positions below 1.0720 with targets at 1.0690 & 1.0675 in extension.
Alternative scenario: above 1.0720 look for further upside with 1.0735 & 1.0750 as targets.
Comment: as long as 1.0720 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0750
1.0735
1.0720
1.0703 Last
1.0690
1.0675
1.0660
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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