Forex

EUR/USD may fall 13 - 28 pips

2024-10-17

Pivot

1.0880

Our preference

Short positions below 1.0880 with targets at 1.0845 & 1.0830 in extension.

Alternative scenario

Above 1.0880 look for further upside with 1.0895 & 1.0910 as targets.

Comment

A break below 1.0845 would trigger a drop towards 1.0830.

Supports and resistances

1.0910

1.0895

1.0880

1.0858 Last

1.0845

1.0830

1.0815

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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