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EUR/USD Intraday: consolidation.

2024-07-15
1001

Pivot: 1.0910

Our preference: short positions below 1.0910 with targets at 1.0860 & 1.0845 in extension.

Alternative scenario: above 1.0910 look for further upside with 1.0925 & 1.0940 as targets.

Comment: as long as 1.0910 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.0940

1.0925

1.0910

1.0882 Last

1.0860

1.0845

1.0830

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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