EURUSD Daily Chart : Towards 1.1300
Pivot: 1.0835
Preference: long positions above 1.0835 with targets at 1.1300 & 1.1465 in extension.
Alternative scenario: below 1.0835 look for further downside with 1.0675 & 1.0560 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.1615 **
1.1465 ***
1.1300 ***
1.1270 Last
1.0835 ***
1.0675 ***
1.0560 ***
Preference: long positions above 1.0835 with targets at 1.1300 & 1.1465 in extension.
Alternative scenario: below 1.0835 look for further downside with 1.0675 & 1.0560 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.1615 **
1.1465 ***
1.1300 ***
1.1270 Last
1.0835 ***
1.0675 ***
1.0560 ***
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