Market Analysis of EURUSD on Tuesday 27 August 2024
Time 2024-08-27 04:04:46

EUR/USD Intraday: watch 1.1135.

Pivot:

1.1185

Our preference:

Short positions below 1.1185 with targets at 1.1150 & 1.1135 in extension.

Alternative scenario:

Above 1.1185 look for further upside with 1.1200 & 1.1215 as targets.

Comment:

As long as the resistance at 1.1185 is not surpassed, the risk of the break below 1.1150 remains high.

source BtcDana