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Market Analysis of EURUSD on Wednesday 17 June 2026

17/06/2026 04:50:37Source:BtcDana

EUR/USD intraday: bullish bias above 1.1585.
 
Pivot:
1.1585
 
Our preference:
Long positions above 1.1585 with targets at 1.1620 & 1.1640 in extension.
 
Alternative scenario:
Below 1.1585 look for further downside with 1.1570 & 1.1555 as targets.
 
Comment:
The RSI is above its neutrality area at 50%.

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