EUR/USD Intraday Analysis (READ DESCRIPTION)
EUR/USD Intraday Analysis: Potential Fall of 10 - 25 Pips
Pivot Point:
1.1135
Primary Strategy (My Preference):
Consider short positions below the 1.1135 pivot, aiming for 1.1110 as the initial target, with an extension towards 1.1095.
Alternative Scenario:
If the price moves above 1.1135, expect further upside with targets at 1.1150 and 1.1165.
Technical Outlook:
The upward potential is likely constrained by the resistance at 1.1135, suggesting limited room for further gains.
Pivot Point:
1.1135
Primary Strategy (My Preference):
Consider short positions below the 1.1135 pivot, aiming for 1.1110 as the initial target, with an extension towards 1.1095.
Alternative Scenario:
If the price moves above 1.1135, expect further upside with targets at 1.1150 and 1.1165.
Technical Outlook:
The upward potential is likely constrained by the resistance at 1.1135, suggesting limited room for further gains.
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