EUR/USD Intraday: key resistance at 1.1605.
EUR/USD (EUR/USD)
-0.00083-0.07%
short positions below 1.1605 with targets at 1.1565 & 1.1550 in extension.
Pivot: 1.1605
Our preference: short positions below 1.1605 with targets at 1.1565 & 1.1550 in extension.
Alternative scenario: above 1.1605 look for further upside with 1.1620 & 1.1635 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1635
1.1620
1.1605
1.1586 Last
1.1565
1.1550
1.1530
Our preference: short positions below 1.1605 with targets at 1.1565 & 1.1550 in extension.
Alternative scenario: above 1.1605 look for further upside with 1.1620 & 1.1635 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1635
1.1620
1.1605
1.1586 Last
1.1565
1.1550
1.1530
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