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EUR / USD intraday: downside risk dominates.

N

Nay9

New Member
Pivot point: 1.0975 Our preference: short position below 1.0975 with targets at 1.0920 & 1.0900 in extension. Alternative scenario: in excess of 1.0975, aim for a further increase with 1.0990 & 1.1015 in sight. Comment: the RSI is bearish and militates for a further decline.
 

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