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EUR/USD Intraday: the downside prevails.
2023-10-03
675
Pivot: 1.0500
Our preference: short positions below 1.0500 with targets at 1.0430 & 1.0410 in extension.
Alternative scenario: above 1.0500 look for further upside with 1.0520 & 1.0540 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.0540
1.0520
1.0500
1.0454 Last
1.0430
1.0410
1.0395
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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