EUR/USD: continued technical rebound (AT)


Synthesis

Pivot point : 1.0955

Our preference : long position above 1.0955 with targets at 1.1010 & 1.1030 in extension.

Alternative scenario : in the event of a break of 1.0955, a continuation of the decline will be possible with 1.0925 & 1.0905 in sight.

Comment

The RSI is well oriented.

Technical analysis
TendencyCalculated data
Technical advicePositivePrices on 12/211.0995
Basic trendBullishPivot1.0955
Bracket 11.0955Additional distance 10.0015
Bracket 21.0925Additional distance 20.0035
Resistance 11.1010Additional variation 1+0.14%
Resistance 21.1030Additional variation 2+0.32%
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