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EUR/USD ST: break of a ST rising trendline support.

2023-10-26
886

Pivot: 1.0765

Our preference: short positions below 1.0765 with targets at 1.0445 & 1.0360 in extension.

Alternative scenario: above 1.0765 look for further upside with 1.0950 & 1.1060 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

1.1060

1.0950

1.0765

1.0545 Last

1.0445

1.0360

1.0215

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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