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EUR/USD Intraday: under pressure

Jan 7, 2025 11:45 PM
short positions below 1.0380 with targets at 1.0310 & 1.0280 in extension.
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Pivot: 1.0380
Our preference:
short positions below 1.0380 with targets at 1.0310 & 1.0280 in extension.
Alternative scenario:
above 1.0380 look for further upside with 1.0410 & 1.0435 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.0435
1.0410
1.0380
1.0341 Last
1.0310
1.0280
1.0250
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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EUR/USD
1.174
0.001
+0.07%
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