Forex

EUR/USD may rise 17 - 32 pips

2024-08-13

Pivot

1.0915

Our preference

Long positions above 1.0915 with targets at 1.0955 & 1.0970 in extension.

Alternative scenario

Below 1.0915 look for further downside with 1.0900 & 1.0885 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.0985

1.0970

1.0955

1.0938 Last

1.0915

1.0900

1.0885

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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