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EUR/USD Intraday: the downside prevails

Jul 8, 2025 11:20 AM
short positions below 1.1750 with targets at 1.1710 & 1.1690 in extension.
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Pivot: 1.1750
Our preference:
short positions below 1.1750 with targets at 1.1710 & 1.1690 in extension.
Alternative scenario:
above 1.1750 look for further upside with 1.1785 & 1.1810 as targets.
Comment:
the RSI is mixed and calls for caution.
Supports and resistances:
1.1810
1.1785
1.1750
1.1728 Last
1.1710
1.1690
1.1665
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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