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[XPD/USD]
With both EMAs in a Golden Cross intersection and RSI(14) in the Neutral-Bullish level, then XPD/USD has the potential today to strengthen toward its nearest resistance level.
Key Levels
1. Resistance. 2 : 1558.44
2. Resistance. 1 : 1526.35
3. Pivot : 1466.85
4. Support. 1 : 1434.76
5. Support. 2 : 1375.26
Tactical Scenario
Positive Reaction Zone: If the price holds above 1466.85, the move will likely advance toward 1526.35.
Momentum Extension Bias: If 1526.35 is broken out, 1558.44 may be tested next.
Invalidation Level / Bias Revision
The upside bias weakens if XPD/USD breaks down below 1375.26.
Technical Summary
EMA(50) : 1471.19
EMA(200): 1445.01
RSI(14) : 55.85
Economic News Release Schedule:
Tonight the United States will release one economic data point which is ISM Services PMI at 21:00 WIB.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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