EUR/USD Intraday Bias Remains Positive Despite Loss of Upside Momentum
Monday, 8 July 2024, 06:32
EUR/USD Daily Outlook - Key Levels
Despite some loss of upside momentum as seen in 4H MACD, intraday bias in EUR/SD stays on the upside with 1.0783 minor support intact.
Rise from 1.0665 would target 1.0915 resistance first. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next.
On the downside, below 1.0783 minor support will turn intraday bias neutral first.
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