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EUR/USD Intraday: the upside prevails.

2023-10-04
734

Pivot: 1.0470

Our preference: long positions above 1.0470 with targets at 1.0530 & 1.0545 in extension.

Alternative scenario: below 1.0470 look for further downside with 1.0445 & 1.0430 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.0555

1.0545

1.0530

1.0514 Last

1.0470

1.0445

1.0430

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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