Forex

EUR/USD may fall 14 - 24 pips

2024-10-11

Pivot

1.0945

Our preference

Short positions below 1.0945 with targets at 1.0925 & 1.0915 in extension.

Alternative scenario

Above 1.0945 look for further upside with 1.0960 & 1.0975 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.0975

1.0960

1.0945

1.0939 Last

1.0925

1.0915

1.0900

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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