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[XPD/USD]
With all technical conditions indicating strengthening simultaneously, XPD/USD has the potential to rally toward its nearest resistance level today.
Key Levels
1. Resistance. 2 : 1982.60
2. Resistance. 1 : 1915.66
3. Pivot : 1842.62
4. Support. 1 : 1775.68
5. Support. 2 : 1702.64
Tactical Scenario
Positive Reaction Zone: If the price holds at 1842.62, XPD/USD will likely rise toward 1915.66.
Momentum Extension Bias: If 1915.66 is also broken, XPD/USD may continue higher toward 1982.60.
Invalidation Level / Bias Revision
The upside bias weakens if XPD/USD falls and breaks below 1702.64.
Technical Summary
EMA(50) : 1865.67
EMA(200): 1805.67
RSI(14) : 63.25
Economic News Release Agenda :
Today there are no economic data releases from the United States
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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