EUR/USD Intraday: key resistance at 1.1625.
EUR/USD (EUR/USD)
+0.00141+0.12%
short positions below 1.1625 with targets at 1.1580 & 1.1560 in extension.
Pivot: 1.1625
Our preference: short positions below 1.1625 with targets at 1.1580 & 1.1560 in extension.
Alternative scenario: above 1.1625 look for further upside with 1.1645 & 1.1665 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1625.
Supports and resistances:
1.1665
1.1645
1.1625
1.1605 Last
1.1580
1.1560
1.1540
Our preference: short positions below 1.1625 with targets at 1.1580 & 1.1560 in extension.
Alternative scenario: above 1.1625 look for further upside with 1.1645 & 1.1665 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1625.
Supports and resistances:
1.1665
1.1645
1.1625
1.1605 Last
1.1580
1.1560
1.1540
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
