Index

EUR/USD may fall 18 - 33 pips

2024-08-27

Pivot

1.1185

Our preference

Short positions below 1.1185 with targets at 1.1150 & 1.1135 in extension.

Alternative scenario

Above 1.1185 look for further upside with 1.1200 & 1.1215 as targets.

Comment

A break below 1.1150 would trigger a drop towards 1.1135.

Supports and resistances

1.1215

1.1200

1.1185

1.1168 Last

1.1150

1.1135

1.1120

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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