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EUR/USD Intraday: bullish bias above 1.0640.

2024-04-22
368

Pivot: 1.0640

Our preference: long positions above 1.0640 with targets at 1.0675 & 1.0690 in extension.

Alternative scenario: below 1.0640 look for further downside with 1.0625 & 1.0610 as targets.

Comment: a support base at 1.0640 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0705

1.0690

1.0675

1.0658 Last

1.0640

1.0625

1.0610

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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