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3 hours ago, Rafiul Karim said:
EUR/USD Intraday: technical rebound in a bearish trend.
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Pivot: 1.1575

Our preference: long positions above 1.1575 with targets at 1.1620 & 1.1640 in extension.

Alternative scenario: below 1.1575 look for further downside with 1.1555 & 1.1530 as targets.

Comment: the break above 1.1575 is a positive signal that has opened a path to 1.1620. The pair has broken above a bearish channel resistance: this is expected to favour a limited recovery.

 

Our preference: sell এ থাকতে হবে  1.1600 এর নিছে with targets at 1.1570 এবং 1.1555 in extension.

Alternative scenario: buy এ থাকতে হবে  1.1600 এর উপরে  1.1620 পর্যন্ত এবং  1.1640 পর্যন্ত

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