Forex

EUR/USD may rise 18 - 33 pips

2024-07-11

Pivot

1.0815

Our preference

Long positions above 1.0815 with targets at 1.0855 & 1.0870 in extension.

Alternative scenario

Below 1.0815 look for further downside with 1.0800 & 1.0785 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.0885

1.0870

1.0855

1.0837 Last

1.0815

1.0800

1.0785

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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