EUR/USD Intraday: bullish bias above 1.1370
May 27, 2025 4:49 AM
long positions above 1.1370 with targets at 1.1415 & 1.1435 in extension.
Pivot: 1.1370
Our preference:
long positions above 1.1370 with targets at 1.1415 & 1.1435 in extension.
Alternative scenario:
below 1.1370 look for further downside with 1.1350 & 1.1330 as targets.
Comment:
a support base at 1.1370 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1460
1.1435
1.1415
1.1393 Last
1.1370
1.1350
1.1330
Our preference:
long positions above 1.1370 with targets at 1.1415 & 1.1435 in extension.
Alternative scenario:
below 1.1370 look for further downside with 1.1350 & 1.1330 as targets.
Comment:
a support base at 1.1370 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1460
1.1435
1.1415
1.1393 Last
1.1370
1.1350
1.1330
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