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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 3.4.2024

Technical Analysis
Wednesday, April 03, 2024 - 17:03
Point Trader Group
EURUSD 3.4.2024

General trend: down.
Expected scenario:
April 3 update: Downside chances still exist below 1.0800. The four-hour chart shows that the pair is trading below the 1.0770 level, which enhances the chances of a drop to 1.0700.
Alternative scenario:
The scenario turns bullish with a break of 1.0800, targeting $1.0900.
The most important levels
resistance:
1.0800 – 1.0900
support:
1.0700 – 1.0650

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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