EUR/USD Rebound

Pivot (invalidation): 1.1015

Our preference Long positions above 1.1015 with targets at 1.1040 & 1.1060 in extension.

Alternative scenario Below 1.1015 look for further downside with 1.1000 & 1.0985 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up. The pair has formed a bullish trend line drawn from the low of yesterday.

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