EUR/USD Intraday: consolidation
May 14, 2025 11:38 PM
short positions below 1.1225 with targets at 1.1165 & 1.1140 in extension.
Pivot: 1.1225
Our preference:
short positions below 1.1225 with targets at 1.1165 & 1.1140 in extension.
Alternative scenario:
above 1.1225 look for further upside with 1.1245 & 1.1265 as targets.
Comment:
as long as 1.1225 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1265
1.1245
1.1225
1.1185 Last
1.1165
1.1140
1.1110
Our preference:
short positions below 1.1225 with targets at 1.1165 & 1.1140 in extension.
Alternative scenario:
above 1.1225 look for further upside with 1.1245 & 1.1265 as targets.
Comment:
as long as 1.1225 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1265
1.1245
1.1225
1.1185 Last
1.1165
1.1140
1.1110
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