EUR/USD Intraday: Key resistance level approaches
EUR/USD (EUR/USD)
+0.00139+0.12%
The upside prevails as long as 1.1371 is support, with 1.1418 and 1.1431 as targets
Our pivot point is at 1.1371.
Our preference: The upside prevails as long as 1.1371 is support, with 1.1418 and 1.1431 as targets
Alternative scenario: below 1.1371, expect 1.1348 and 1.1335.
Comment: Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
1.1445 *
1.1431 **
1.1418
1.1402 last
1.1371 **
1.1348 *
1.1335 **
Our preference: The upside prevails as long as 1.1371 is support, with 1.1418 and 1.1431 as targets
Alternative scenario: below 1.1371, expect 1.1348 and 1.1335.
Comment: Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
1.1445 *
1.1431 **
1.1418
1.1402 last
1.1371 **
1.1348 *
1.1335 **
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