Post
· Views 379
EUR/USD Intraday: under pressure. Pivot: 1.1640 Our preference: short positions below 1.1640 with targets at 1.1610 & 1.1580 in extension. Alternative scenario: above 1.1640 look for further upside with 1.1660 & 1.1685 as targets. Comment: as long as the resistance at 1.1640 is not surpassed, the risk of the break below 1.1610 remains high.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

avatar

Hot

There is room for EUR to probe the 1.1600 support but in view of the lackluster momentum, a sustained decline below this level is unlikely, next support should at 1.1565.

-THE END-