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EUR/USD Intraday: the upside prevails.

2024-02-21
779

Pivot: 1.0795

Our preference: long positions above 1.0795 with targets at 1.0825 & 1.0840 in extension.

Alternative scenario: below 1.0795 look for further downside with 1.0780 & 1.0760 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.0855

1.0840

1.0825

1.0808 Last

1.0795

1.0780

1.0760

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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