Forex

EUR/USD may fall 15 - 30 pips

2024-10-23

Pivot

1.0815

Our preference

Short positions below 1.0815 with targets at 1.0785 & 1.0770 in extension.

Alternative scenario

Above 1.0815 look for further upside with 1.0835 & 1.0855 as targets.

Comment

A break below 1.0785 would trigger a drop towards 1.0770.

Supports and resistances

1.0855

1.0835

1.0815

1.0800 Last

1.0785

1.0770

1.0755

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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