EUR/USD Short Term: the bias remains bullish
Apr 28, 2025 7:14 AM
long positions above 1.0700 with targets at 1.1700 & 1.1900 in extension.
Pivot: 1.0700
Our preference:
long positions above 1.0700 with targets at 1.1700 & 1.1900 in extension.
Alternative scenario:
below 1.0700 look for further downside with 1.0525 & 1.0360 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
1.2260
1.1900
1.1700
1.1364 Last
1.0700
1.0525
1.0360
Our preference:
long positions above 1.0700 with targets at 1.1700 & 1.1900 in extension.
Alternative scenario:
below 1.0700 look for further downside with 1.0525 & 1.0360 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
1.2260
1.1900
1.1700
1.1364 Last
1.0700
1.0525
1.0360
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