Forex

EUR/USD may rise to 1.1275 - 1.1475

2024-08-26

Pivot

1.0950

Our preference

Long positions above 1.0950 with targets at 1.1275 & 1.1475 in extension.

Alternative scenario

Below 1.0950 look for further downside with 1.0880 & 1.0775 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

1.1700

1.1475

1.1275

1.1194 Last

1.0950

1.0880

1.0775

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

Introduction to Tradingtop Site


Return to All Articles