EUR/USD Intraday: Key Level at 1.1065 (read description)
EUR/USD Intraday: Key Level at 1.1065
Pivot:
1.1100
Preferred Strategy:
Sell positions below 1.1100, targeting 1.1065 and 1.1045 on extension.
Alternative Scenario:
If the price breaks above 1.1100, look for further gains with targets at 1.1120 and 1.1135.
Comment:
A break below 1.1065 would likely lead to a drop towards 1.1045.
Pivot:
1.1100
Preferred Strategy:
Sell positions below 1.1100, targeting 1.1065 and 1.1045 on extension.
Alternative Scenario:
If the price breaks above 1.1100, look for further gains with targets at 1.1120 and 1.1135.
Comment:
A break below 1.1065 would likely lead to a drop towards 1.1045.
Note
Short positions below 1.107 with targets at 1.1025 & 1.1 in extension.
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