Forex

EUR/USD may rise to 1.1275 - 1.1500

2024-05-22

Pivot

1.0370

Our preference

Long positions above 1.0370 with targets at 1.1275 & 1.1500 in extension.

Alternative scenario

Below 1.0370 look for further downside with 1.0000 & 0.9530 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

1.1900

1.1500

1.1275

1.0852 Last

1.0370

1.0000

0.9530

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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