Forex

EUR/USD may fall 9 - 44 pips

2024-08-28

Pivot

1.1190

Our preference

Short positions below 1.1190 with targets at 1.1130 & 1.1095 in extension.

Alternative scenario

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

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

1.1230

1.1210

1.1190

1.1139 Last

1.1130

1.1095

1.1060

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