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EUR/USD Intraday: continuation of the rebound
Jun 3, 2024 3:23 PM
long positions above 1.0845 with targets at 1.0920 & 1.0940 in extension.
Pivot: 1.0845
Our preference: long positions above 1.0845 with targets at 1.0920 & 1.0940 in extension.
Alternative scenario: below 1.0845 look for further downside with 1.0825 & 1.0810 as targets.
Comment: the break above 1.0845 is a positive signal that has opened a path to 1.0920.
Supports and resistances:
1.0970
1.0940
1.0920
1.0880 Last
1.0845
1.0825
1.0810
Our preference: long positions above 1.0845 with targets at 1.0920 & 1.0940 in extension.
Alternative scenario: below 1.0845 look for further downside with 1.0825 & 1.0810 as targets.
Comment: the break above 1.0845 is a positive signal that has opened a path to 1.0920.
Supports and resistances:
1.0970
1.0940
1.0920
1.0880 Last
1.0845
1.0825
1.0810
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