Forex

EUR/USD may rise 21 - 36 pips

2024-09-17

Pivot

1.1115

Our preference

Long positions above 1.1115 with targets at 1.1155 & 1.1170 in extension.

Alternative scenario

Below 1.1115 look for further downside with 1.1095 & 1.1085 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.1190

1.1170

1.1155

1.1134 Last

1.1115

1.1095

1.1085

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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