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EUR/USD Intraday: turning down

Oct 13, 2024 10:51 PM
short positions below 1.0950 with targets at 1.0915 & 1.0900 in extension.
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Pivot: 1.0950
Our preference:
short positions below 1.0950 with targets at 1.0915 & 1.0900 in extension.
Alternative scenario:
above 1.0950 look for further upside with 1.0965 & 1.0980 as targets.
Comment:
the RSI shows downside momentum.
Supports and resistances:
1.0980
1.0965
1.0950
1.0930 Last
1.0915
1.0900
1.0885
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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