Forex

EUR/USD may fall 13 - 33 pips

2024-08-28

Pivot

1.1190

Our preference

Short positions below 1.1190 with targets at 1.1150 & 1.1130 in extension.

Alternative scenario

Above 1.1190 look for further upside with 1.1210 & 1.1230 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

1.1230

1.1210

1.1190

1.1163 Last

1.1150

1.1130

1.1110

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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