EUR/USD Intraday: Trend at a crossroads
EUR/USD (EUR/USD)
-0.00165-0.14%
The downside prevails as long as 1.1396 is resistance, with 1.1354 and 1.1343 as targets
Our pivot point is at 1.1396.
Our preference: The downside prevails as long as 1.1396 is resistance, with 1.1354 and 1.1343 as targets
Alternative scenario: above 1.1396, look for 1.1414 and 1.1426.
Comment: Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
1.1426 **
1.1414 *
1.1396 **
1.1388 last
1.1354
1.1343 **
1.1332 *
Our preference: The downside prevails as long as 1.1396 is resistance, with 1.1354 and 1.1343 as targets
Alternative scenario: above 1.1396, look for 1.1414 and 1.1426.
Comment: Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
1.1426 **
1.1414 *
1.1396 **
1.1388 last
1.1354
1.1343 **
1.1332 *
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