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Market Analysis of EURUSD on Friday 06 February 2025

06/02/2026 02:20:50Source:BtcDana

EUR/USD Intraday: under pressure.
 
Pivot:
1.1805
 
Our preference:
Short positions below 1.1805 with targets at 1.1760 & 1.1740 in extension.
 
Alternative scenario:
Above 1.1805 look for further upside with 1.1820 & 1.1835 as targets.
 
Comment:
The RSI is bearish and calls for further decline.

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