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EUR/USD Intraday: key resistance at 1.0725
Jun 17, 2024 9:01 AM
short positions below 1.0725 with targets at 1.0665 & 1.0650 in extension.
Pivot: 1.0725
Our preference: short positions below 1.0725 with targets at 1.0665 & 1.0650 in extension.
Alternative scenario: above 1.0725 look for further upside with 1.0745 & 1.0770 as targets.
Comment: as long as 1.0725 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0770
1.0745
1.0725
1.0707 Last
1.0665
1.0650
1.0620
Our preference: short positions below 1.0725 with targets at 1.0665 & 1.0650 in extension.
Alternative scenario: above 1.0725 look for further upside with 1.0745 & 1.0770 as targets.
Comment: as long as 1.0725 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0770
1.0745
1.0725
1.0707 Last
1.0665
1.0650
1.0620
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EUR/USD
1.14796
-0.00053999999999998
-4.70%