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EUR/USD Intraday: under pressure.

2024-03-19
928

Pivot: 1.0880

Our preference: short positions below 1.0880 with targets at 1.0855 & 1.0840 in extension.

Alternative scenario: above 1.0880 look for further upside with 1.0890 & 1.0905 as targets.

Comment: a break below 1.0855 would trigger a drop towards 1.0840.

Supports and resistances:

1.0905

1.0890

1.0880

1.0871 Last

1.0855

1.0840

1.0825

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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