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EUR/USD Intraday: under pressure.

2023-09-12
251

Pivot: 1.0740

Our preference: short positions below 1.0740 with targets at 1.0700 & 1.0685 in extension.

Alternative scenario: above 1.0740 look for further upside with 1.0760 & 1.0775 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.0775

1.0760

1.0740

1.0714 Last

1.0700

1.0685

1.0670

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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