EUR/USD Intraday: continuation of the rebound

Feb 20, 2025 10:04 AM

long positions above 1.0415 with targets at 1.0450 & 1.0470 in extension.

Pivot: 1.0415
Our preference:
long positions above 1.0415 with targets at 1.0450 & 1.0470 in extension.
Alternative scenario:
below 1.0415 look for further downside with 1.0400 & 1.0380 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
1.0485
1.0470
1.0450
1.0429 Last
1.0415
1.0400
1.0380

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