EUR/USD Intraday: Target 1.1149
EUR/USD (EUR/USD)+0.00003+0.00%
Even if a technical recovery cannot be ruled out, a drop towards 1.1137 remains likely as long as 1.1193 is resistance

Our pivot point is at 1.1193.
Our preference: Even if a technical recovery cannot be ruled out, a drop towards 1.1137 remains likely as long as 1.1193 is resistance
Alternative scenario: above 1.1193, look for 1.1213 and 1.1225.
Comment: The price stands above its 20 period moving average (1.1163) but below its 50 period moving average (1.1175).
Supports and resistances:
1.1225 **
1.1213 *
1.1193 **
1.1172 last
1.1149
1.1137 **
1.1125 *
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