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EUR/USD Intraday: bullish bias above 1.0865

Jun 6, 2024 9:26 AM
long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.
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Pivot: 1.0865

Our preference: long positions above 1.0865 with targets at 1.0915 & 1.0930 in extension.

Alternative scenario: below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1.0945
1.0930
1.0915
1.0878 Last
1.0865
1.0850
1.0830

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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