EUR/USD Intraday: further upside
May 2, 2025 11:06 AM
long positions above 1.1300 with targets at 1.1390 & 1.1425 in extension.
Pivot: 1.1300
Our preference:
long positions above 1.1300 with targets at 1.1390 & 1.1425 in extension.
Alternative scenario:
below 1.1300 look for further downside with 1.1270 & 1.1240 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
1.1445
1.1425
1.1390
1.1330 Last
1.1300
1.1270
1.1240
Our preference:
long positions above 1.1300 with targets at 1.1390 & 1.1425 in extension.
Alternative scenario:
below 1.1300 look for further downside with 1.1270 & 1.1240 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
1.1445
1.1425
1.1390
1.1330 Last
1.1300
1.1270
1.1240
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