EUR/USD Intraday: On the edge of pivot level
EUR/USD (EUR/USD)-0.00331-0.30%
Rebound above 1.1050 towards 1.1114

Our pivot point is at 1.1050.
Our preference: Rebound above 1.1050 towards 1.1114
Alternative scenario: below 1.1050, expect 1.1029 and 1.1016.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.1126 *
1.1114 **
1.1101
1.1059 last
1.1050 **
1.1029 *
1.1016 **
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