EUR/USD Intraday: range.

Limited Decrease
l
1675392761203
EURUSD+0%
2024-02-23 13:16Source:TC

Pivot: 1.0840

Our preference: short positions below 1.0840 with targets at 1.0805 & 1.0790 in extension.

Alternative scenario: above 1.0840 look for further upside with 1.0855 & 1.0870 as targets.

Comment: as long as the resistance at 1.0840 is not surpassed, the risk of the break below 1.0805 remains high.

Supports and resistances:

1.0870

1.0855

1.0840

1.0825 Last

1.0805

1.0790

1.0775

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-23-2024 at 13:16 UTC+1

Price reference: 1.0825 last known on 02-23-2024 at 13:16 UTC+1

Investment horizon: INTRADAY

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