EUR/USD Intraday: under pressure
Jun 6, 2025 11:07 AM
short positions below 1.1457 with targets at 1.1403 & 1.1375 in extension.
Pivot: 1.1457
Our preference:
short positions below 1.1457 with targets at 1.1403 & 1.1375 in extension.
Alternative scenario:
above 1.1457 look for further upside with 1.1472 & 1.1490 as targets.
Comment:
as long as 1.1457 is resistance, likely decline to 1.1403.
Supports and resistances:
1.1490
1.1472
1.1457
1.1422 Last
1.1403
1.1375
1.1355
Our preference:
short positions below 1.1457 with targets at 1.1403 & 1.1375 in extension.
Alternative scenario:
above 1.1457 look for further upside with 1.1472 & 1.1490 as targets.
Comment:
as long as 1.1457 is resistance, likely decline to 1.1403.
Supports and resistances:
1.1490
1.1472
1.1457
1.1422 Last
1.1403
1.1375
1.1355
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