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EUR/USD ST: break of a ST rising trendline support.
2024-04-17
785
Pivot: 1.0885
Our preference: short positions below 1.0885 with targets at 1.0515 & 1.0450 in extension.
Alternative scenario: above 1.0885 look for further upside with 1.1015 & 1.1140 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.1140
1.1015
1.0885
1.0626 Last
1.0515
1.0450
1.0370
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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