EUR/USD Intraday: Key resistance level approaches

EUR/USD (EUR/USD)
+0.00075+0.07%
The upside prevails as long as 1.1481 is support, with 1.1543 and 1.1557 as targets
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Our pivot point is at 1.1481.

Our preference: The upside prevails as long as 1.1481 is support, with 1.1543 and 1.1557 as targets

Alternative scenario: below 1.1481, expect 1.1459 and 1.1445.

Comment: The approach toward our first target is a key moment to watch, it may trigger a throwback, yet a firm close above this threshold could provide the momentum needed to push the asset price higher.

Supports and resistances:
1.1571 *
1.1557 **
1.1543
1.1531 last
1.1481 **
1.1459 *
1.1445 **

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.
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