EUR/USD Intraday: bullish bias above 1.0865
Jun 6, 2024 3:05 PM
long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.
Pivot: 1.0865
Our preference: long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.
Alternative scenario: below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.
Comment: a support base at 1.0865 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0945
1.0930
1.0915
1.0879 Last
1.0865
1.0850
1.0830
Our preference: long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.
Alternative scenario: below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.
Comment: a support base at 1.0865 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0945
1.0930
1.0915
1.0879 Last
1.0865
1.0850
1.0830
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