EURUSD - Intraday - We look to Buy at 1.1953 (stop at 1.1924)
Broken out of the channel formation to the downside.
Pivot support is at 1.1942.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 1.2037 and 1.2057
Resistance: 1.2000 / 1.2030 / 1.2050
Support: 1.1980 / 1.1960 / 1.1940
Broken out of the channel formation to the downside.
Pivot support is at 1.1942.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 1.2037 and 1.2057
Resistance: 1.2000 / 1.2030 / 1.2050
Support: 1.1980 / 1.1960 / 1.1940
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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.
Related publications
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.