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Feb 11, 2020 – Tuesday

EUR/USD Intraday: Under Pressure

Pivot: 1.0935
Our Preference: Short positions below 1.0935 with targets at 1.0900 & 1.0875 in extension
Alternative Scenario: Above 1.0935 look for further upside with 1.0955 & 1.0970 as targets
Comment: The RSI is mixed to bearish


GBP/USD Intraday: Under Pressure

Pivot: 1.2940
Our Preference: Short positions below 1.2940 with targets at 1.2890 & 1.2870 in extension
Alternative Scenario: Above 1.2940 look for further upside with 1.2960 & 1.2980 as targets
Comment: The RSI is mixed to bearish


AUD/USD Intraday: The Upside Prevails

Pivot: 0.6685
Our Preference: Long positions above 0.6685 with targets at 0.6725 & 0.6740 in extension
Alternative Scenario: Below 0.6685 look for further downside with 0.6670 & 0.6655 as targets
Comment: The RSI shows upside momentum


GOLD Intraday: The Downside Prevails

Pivot: 1573.00
Our Preference: Short positions below 1573.00 with targets at 1564.00 & 1560.00 in extension
Alternative Scenario: Above 1573.00 look for further upside with 1577.00 & 1580.00 as targets
Comment: The RSI advocates for further decline


CRUDE OIL Intraday: Continuation Of The Rebound

Pivot: 49.90
Our Preference: Long positions above 49.90 with targets at 50.45 & 50.70 in extension
Alternative Scenario: Below 49.90 look for further downside with 49.65 & 49.40 as targets
Comment: The RSI advocates for further advance

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Opinion is published in an intradey view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

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