Forex

EUR/USD may rise 21 - 41 pips

2024-08-14

Pivot

1.0965

Our preference

Long positions above 1.0965 with targets at 1.1010 & 1.1030 in extension.

Alternative scenario

Below 1.0965 look for further downside with 1.0945 & 1.0930 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.1050

1.1030

1.1010

1.0989 Last

1.0965

1.0945

1.0930

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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