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EUR/USD Intraday: the upside prevails

May 15, 2024 11:15 AM
long positions above 1.0810 with targets at 1.0835 & 1.0850 in extension.
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Pivot: 1.0810

Our preference: long positions above 1.0810 with targets at 1.0835 & 1.0850 in extension.

Alternative scenario: below 1.0810 look for further downside with 1.0800 & 1.0780 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
1.0865
1.0850
1.0835
1.0823 Last
1.0810
1.0800
1.0780

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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