EUR/USD Intraday: bullish bias above 1.0775.

Limited Increase
u
1675392761203
EURUSD+0%
2024-02-12 05:02Source:TC

Pivot: 1.0775

Our preference: long positions above 1.0775 with targets at 1.0810 & 1.0830 in extension.

Alternative scenario: below 1.0775 look for further downside with 1.0760 & 1.0740 as targets.

Comment: a support base at 1.0775 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0860

1.0830

1.0810

1.0790 Last

1.0775

1.0760

1.0740

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-12-2024 at 05:02 UTC+1

Price reference: 1.0790 last known on 02-12-2024 at 05:02 UTC+1

Investment horizon: INTRADAY

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