Forex

EUR/USD may rise 10 - 25 pips

2024-06-03

Pivot

1.0835

Our preference

Long positions above 1.0835 with targets at 1.0865 & 1.0880 in extension.

Alternative scenario

Below 1.0835 look for further downside with 1.0820 & 1.0810 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

1.0900

1.0880

1.0865

1.0855 Last

1.0835

1.0820

1.0810

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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