EUR/USD Intraday: key resistance at 1.1010.

Pivot: 1.1010

Our preference: short positions below 1.1010 with targets at 1.0940 & 1.0920 in extension.

Alternative scenario: above 1.1010 look for further upside with 1.1040 & 1.1060 as targets.

Comment: as long as 1.1010 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.1060

1.1040

1.1010

1.0978 Last

1.0940

1.0920

1.0900

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 04-17-2023 at 07:24 UTC+1

Price reference: 1.0978 last known on 04-17-2023 at 07:24 UTC+1

Investment horizon: INTRADAY