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EUR/USD Intraday: bullish bias above 1.0835

Jun 3, 2024 4:23 AM
long positions above 1.0835 with targets at 1.0865 & 1.0880 in extension.
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Pivot: 1.0835

Our preference: long positions above 1.0835 with targets at 1.0865 & 1.0880 in extension.

Alternative scenario: below 1.0835 look for further downside with 1.0820 & 1.0810 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.0900
1.0880
1.0865
1.0850 Last
1.0835
1.0820
1.0810

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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