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EUR/USD Intraday: the upside prevails.

2024-03-08
443

Pivot: 1.0915

Our preference: long positions above 1.0915 with targets at 1.0970 & 1.0990 in extension.

Alternative scenario: below 1.0915 look for further downside with 1.0895 & 1.0870 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.1010

1.0990

1.0970

1.0946 Last

1.0915

1.0895

1.0870

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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