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EUR/USD Intraday: under pressure

Nov 18, 2024 6:13 AM
short positions below 1.0580 with targets at 1.0500 & 1.0475 in extension.
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Pivot: 1.0580
Our preference:
short positions below 1.0580 with targets at 1.0500 & 1.0475 in extension.
Alternative scenario:
above 1.0580 look for further upside with 1.0610 & 1.0640 as targets.
Comment:
the RSI lacks upward momentum.
Supports and resistances:
1.0640
1.0610
1.0580
1.0537 Last
1.0500
1.0475
1.0450
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.

Related Instruments

EUR/USD
1.186
-0.001
-0.06%
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