EUR/USD Intraday: the bias remains bullish

May 27, 2024 1:50 AM

long positions above 1.0825 with targets at 1.0860 & 1.0875 in extension.

Pivot: 1.0825

Our preference: long positions above 1.0825 with targets at 1.0860 & 1.0875 in extension.

Alternative scenario: below 1.0825 look for further downside with 1.0805 & 1.0790 as targets.

Comment: the next resistances are at 1.0860 and then at 1.0875.

Supports and resistances:
1.0890
1.0875
1.0860
1.0849 Last
1.0825
1.0805
1.0790

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