EUR/USD Intraday: the bias remains bullish

Dec 5, 2024 5:47 AM

long positions above 1.0505 with targets at 1.0540 & 1.0555 in extension.

Pivot: 1.0505
Our preference:
long positions above 1.0505 with targets at 1.0540 & 1.0555 in extension.
Alternative scenario:
below 1.0505 look for further downside with 1.0490 & 1.0475 as targets.
Comment:
the RSI advocates for further advance.
Supports and resistances:
1.0575
1.0555
1.0540
1.0527 Last
1.0505
1.0490
1.0475

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