EUR/USD Intraday: the bias remains bullish
Jun 2, 2025 10:52 AM
long positions above 1.1389 with targets at 1.1436 & 1.1480 in extension.
Pivot: 1.1389
Our preference:
long positions above 1.1389 with targets at 1.1436 & 1.1480 in extension.
Alternative scenario:
below 1.1389 look for further downside with 1.1357 & 1.1313 as targets.
Comment:
a support base at 1.1389 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1500
1.1480
1.1436
1.1417 Last
1.1389
1.1357
1.1313
Our preference:
long positions above 1.1389 with targets at 1.1436 & 1.1480 in extension.
Alternative scenario:
below 1.1389 look for further downside with 1.1357 & 1.1313 as targets.
Comment:
a support base at 1.1389 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1500
1.1480
1.1436
1.1417 Last
1.1389
1.1357
1.1313
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