EUR/USD Intraday: bullish bias above 1.1405
Jun 3, 2025 1:42 AM
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Pivot: 1.1405
Our preference:
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Alternative scenario:
below 1.1405 look for further downside with 1.1380 & 1.1355 as targets.
Comment:
a support base at 1.1405 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1530
1.1500
1.1470
1.1431 Last
1.1405
1.1380
1.1355
Our preference:
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Alternative scenario:
below 1.1405 look for further downside with 1.1380 & 1.1355 as targets.
Comment:
a support base at 1.1405 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1530
1.1500
1.1470
1.1431 Last
1.1405
1.1380
1.1355
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