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EUR/USD Intraday: key resistance at 1.0960.

2024-03-11
561

Pivot: 1.0960

Our preference: short positions below 1.0960 with targets at 1.0900 & 1.0870 in extension.

Alternative scenario: above 1.0960 look for further upside with 1.0980 & 1.1000 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.1000

1.0980

1.0960

1.0916 Last

1.0900

1.0870

1.0855

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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