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EUR/USD Intraday: under pressure.

2024-03-15
214

Pivot: 1.0905

Our preference: short positions below 1.0905 with targets at 1.0870 & 1.0860 in extension.

Alternative scenario: above 1.0905 look for further upside with 1.0920 & 1.0935 as targets.

Comment: as long as the resistance at 1.0905 is not surpassed, the risk of the break below 1.0870 remains high.

Supports and resistances:

1.0935

1.0920

1.0905

1.0886 Last

1.0870

1.0860

1.0840

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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