Forex - Chart EUR/USD Update: Further range extension


 07:12 (GMT) 08 Oct

  [Forex Charts]

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Chart EUR/USD Update: Further range extension (0101-PHXW-C01)

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Asterisk denotes strength of level

08:05 BST - No significant change, with prices extending consolidation above 1.0950. Intraday studies are mixed/negative, highlighting short-term downside risks. However, any immediate break should stabilise towards 1.0900, whilst daily readings edge higher. Resistance remains at 1.1000/05. A close above here would help to improve sentiment and prompt a cautious Upgrade. Subsequent focus would then turn to 1.1050.


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