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EUR/USD Intraday: rebound expected.
Pivot:
1.1720
Our preference:
Long positions above 1.1720 with targets at 1.1760 & 1.1780 in extension.
Alternative scenario:
Below 1.1720 look for further downside with 1.1700 & 1.1680 as targets.
Comment:
The RSI calls for a rebound.
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