Forex

EUR/USD may rise 14 - 34 pips

2024-07-17

Pivot

1.0910

Our preference

Long positions above 1.0910 with targets at 1.0950 & 1.0970 in extension.

Alternative scenario

Below 1.0910 look for further downside with 1.0895 & 1.0875 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.0985

1.0970

1.0950

1.0936 Last

1.0910

1.0895

1.0875

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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