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Analysis

EUR/USD may fall 11 - 26 pips

BY Trading Central

|December 11, 2024

Intraday: watch 1.0515.

eurusd

Pivot

1.0545

Our preference

Short positions below 1.0545 with targets at 1.0515 & 1.0500 in extension.

Alternative scenario

Above 1.0545 look for further upside with 1.0565 & 1.0590 as targets.

Comment

A break below 1.0515 would trigger a drop towards 1.0500.

Supports and resistances

1.0590

1.0565

1.0545

1.0527 Last

1.0515

1.0500

1.0485

Number of asterisks represents the strength of support and resistance levels.

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