EURUSD Intra-day Analysis 1st Feb. 2021

Further Advance

Our Pivot: 1.2085

Our Preference: Buy above 1.2120 with strict stop loss of 1.2085 and profit target at 1.2165 with extension towards 1.2180.

Alternate Scenario: Downward penetration of 1.2085 will call 1.2057.

NOTE: Euro is being caged in triangle on hourly chart and its moving ahead after completion of its bullish correction.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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