EUR/USD Intraday: further advance
May 16, 2025 8:33 AM
long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.
Pivot: 1.1185
Our preference:
long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.
Alternative scenario:
below 1.1185 look for further downside with 1.1165 & 1.1145 as targets.
Comment:
the break above 1.1185 is a positive signal that has opened a path to 1.1225.
Supports and resistances:
1.1265
1.1245
1.1225
1.1196 Last
1.1185
1.1165
1.1145
Our preference:
long positions above 1.1185 with targets at 1.1225 & 1.1245 in extension.
Alternative scenario:
below 1.1185 look for further downside with 1.1165 & 1.1145 as targets.
Comment:
the break above 1.1185 is a positive signal that has opened a path to 1.1225.
Supports and resistances:
1.1265
1.1245
1.1225
1.1196 Last
1.1185
1.1165
1.1145
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