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EUR/USD Middle Term: the downside prevails

Feb 26, 2025 7:55 AM
short positions below 1.1280 with targets at 1.0080 & 0.9500 in extension.
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Pivot: 1.1280
Our preference:
short positions below 1.1280 with targets at 1.0080 & 0.9500 in extension.
Alternative scenario:
above 1.1280 look for further upside with 1.1495 & 1.1675 as targets.
Comment:
the RSI lacks upward momentum.
Supports and resistances:
1.1675
1.1495
1.1280
1.0500 Last
1.0080
0.9500
0.8230
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
1.173
-0.000
-0.02%
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