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EUR/USD Intraday: under pressure.

2023-10-19
936

Pivot: 1.0550

Our preference: short positions below 1.0550 with targets at 1.0520 & 1.0505 in extension.

Alternative scenario: above 1.0550 look for further upside with 1.0570 & 1.0590 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:

1.0590

1.0570

1.0550

1.0532 Last

1.0520

1.0505

1.0490

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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