EUR/USD Intraday: further upside
Jun 9, 2025 11:04 AM
long positions above 1.1380 with targets at 1.1455 & 1.1490 in extension.
Pivot: 1.1380
Our preference:
long positions above 1.1380 with targets at 1.1455 & 1.1490 in extension.
Alternative scenario:
below 1.1380 look for further downside with 1.1355 & 1.1335 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1500
1.1490
1.1455
1.1418 Last
1.1380
1.1355
1.1335
Our preference:
long positions above 1.1380 with targets at 1.1455 & 1.1490 in extension.
Alternative scenario:
below 1.1380 look for further downside with 1.1355 & 1.1335 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1500
1.1490
1.1455
1.1418 Last
1.1380
1.1355
1.1335
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