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Euro/USD Today: On an upward trend. 2024-03-04

AvaTrade
AvaTrade
03-04

Euro/Dollar Intraday: Uptrend. March 4, 2024, 09:37:06 Pivot point: 1.0820 (This perspective is from a third-party strategy and is for reference only.)

EUR/USD Intraday: Upward trend.

2024-03-04 09:37:06

Pivot Point: 1.0820

Trading Strategy: Bullish above 1.0820, with target prices at 1.0855 followed by 1.0870.

Alternative Strategy: Bearish below 1.0820, with target prices set at 1.0805 followed by 1.0795.

Technical Commentary: Above 1.0820 signifies a bullish signal, with upward targets at 1.0855.

(Provided for reference only, courtesy of a third-party strategy)

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Contract for Difference (CFD)

Contract for Difference (CFD) refers to a financial derivative in which investors and counterparties engage in speculative or hedging transactions by exchanging the price difference of a commodity. Importantly, this occurs without the need to physically own or trade the underlying asset.

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