EUR/USD Intraday: the downside prevails.

EUR/USD (EUR/USD)
-0.00029-0.02%
short positions below 1.1725 with targets at 1.1670 & 1.1655 in extension.
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Pivot: 1.1725

Our preference: short positions below 1.1725 with targets at 1.1670 & 1.1655 in extension.

Alternative scenario: above 1.1725 look for further upside with 1.1740 & 1.1760 as targets.

Comment: the break below 1.1725 is a negative signal that has opened a path to 1.1670.

Supports and resistances:
1.1760
1.1740
1.1725
1.1698 Last
1.1670
1.1655
1.1640

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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