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EUR/USD Intraday: capped by a negative trend line.
2024-03-28
1044
Pivot: 1.0830
Our preference: short positions below 1.0830 with targets at 1.0800 & 1.0785 in extension.
Alternative scenario: above 1.0830 look for further upside with 1.0845 & 1.0860 as targets.
Comment: as long as the resistance at 1.0830 is not surpassed, the risk of the break below 1.0800 remains high.
Supports and resistances:
1.0860
1.0845
1.0830
1.0818 Last
1.0800
1.0785
1.0770
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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