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EUR/USD Intraday: key resistance at 1.0960.

2024-03-11
277

Pivot: 1.0960

Our preference: short positions below 1.0960 with targets at 1.0920 & 1.0900 in extension.

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

Comment: as long as the resistance at 1.0960 is not surpassed, the risk of the break below 1.0920 remains high.

Supports and resistances:

1.1000

1.0980

1.0960

1.0940 Last

1.0920

1.0900

1.0870

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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