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EUR/USD Intraday: key resistance at 1.1050

Oct 4, 2024 1:34 AM
short positions below 1.1050 with targets at 1.1020 & 1.1005 in extension.
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Pivot: 1.1050
Our preference:
short positions below 1.1050 with targets at 1.1020 & 1.1005 in extension.
Alternative scenario:
above 1.1050 look for further upside with 1.1065 & 1.1080 as targets.
Comment:
a break below 1.1020 would trigger a drop towards 1.1005.
Supports and resistances:
1.1080
1.1065
1.1050
1.1031 Last
1.1020
1.1005
1.0990
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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