Pick of the Day 05 April 2022 EURUSD

　　

EURUSD Intraday: under pressure.

Pivot Level: 1.1060

Our preference:
Short positions below 1.1060 with targets at 1.1030 & 1.1020 in extension.

Alternative scenario:
Above 1.1060 looks for further upside with 1.1075 & 1.1090 as targets.

Comment:
The upward potential is likely to be limited by the resistance at 1.1060.

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