EUR/USD Intraday: bullish bias above 1.1210
May 19, 2025 11:36 PM
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Pivot: 1.1210
Our preference:
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Alternative scenario:
below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1310
1.1285
1.1265
1.1234 Last
1.1210
1.1190
1.1170
Our preference:
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Alternative scenario:
below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1310
1.1285
1.1265
1.1234 Last
1.1210
1.1190
1.1170
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