EUR/USD Intraday: key resistance at 1.0885.

Pivot: 1.0885

Our preference: short positions below 1.0885 with targets at 1.0845 & 1.0830 in extension.

Alternative scenario: above 1.0885 look for further upside with 1.0900 & 1.0915 as targets.

Comment: as long as 1.0885 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.0915

1.0900

1.0885

1.0866 Last

1.0845

1.0830

1.0810

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 04-11-2023 at 01:43 UTC+1

Price reference: 1.0866 last known on 04-11-2023 at 01:43 UTC+1

Investment horizon: INTRADAY