Euro / U.S. DollarShort
EUR/USD Intraday: Under Pressure (read description)
EUR/USD Intraday: Under Pressure
Pivot:
1.1060
Preferred Strategy:
Sell below 1.1060, targeting 1.1010 and 1.0990 on extension.
Alternative Scenario:
If the price moves above 1.1060, expect further upside with targets at 1.1075 and 1.1090.
As long as 1.1060 acts as resistance, expect choppy price action with a bearish bias.
Pivot:
1.1060
Preferred Strategy:
Sell below 1.1060, targeting 1.1010 and 1.0990 on extension.
Alternative Scenario:
If the price moves above 1.1060, expect further upside with targets at 1.1075 and 1.1090.
As long as 1.1060 acts as resistance, expect choppy price action with a bearish bias.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.