EUR/USD Intraday: key resistance at 1.1310
May 23, 2025 1:21 AM
short positions below 1.1310 with targets at 1.1255 & 1.1235 in extension.
Pivot: 1.1310
Our preference:
short positions below 1.1310 with targets at 1.1255 & 1.1235 in extension.
Alternative scenario:
above 1.1310 look for further upside with 1.1335 & 1.1360 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 1.1310.
Supports and resistances:
1.1360
1.1335
1.1310
1.1297 Last
1.1255
1.1235
1.1215
Our preference:
short positions below 1.1310 with targets at 1.1255 & 1.1235 in extension.
Alternative scenario:
above 1.1310 look for further upside with 1.1335 & 1.1360 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 1.1310.
Supports and resistances:
1.1360
1.1335
1.1310
1.1297 Last
1.1255
1.1235
1.1215
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