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EUR/USD Intraday: bullish bias above 1.0840
May 27, 2024 11:41 PM
long positions above 1.0840 with targets at 1.0875 & 1.0890 in extension.
Pivot: 1.0840
Our preference: long positions above 1.0840 with targets at 1.0875 & 1.0890 in extension.
Alternative scenario: below 1.0840 look for further downside with 1.0825 & 1.0805 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.0910
1.0890
1.0875
1.0858 Last
1.0840
1.0825
1.0805
Our preference: long positions above 1.0840 with targets at 1.0875 & 1.0890 in extension.
Alternative scenario: below 1.0840 look for further downside with 1.0825 & 1.0805 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.0910
1.0890
1.0875
1.0858 Last
1.0840
1.0825
1.0805
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