EUR/USD Intraday: key resistance at 1.1585
Jun 17, 2025 4:51 AM
short positions below 1.1585 with targets at 1.1540 & 1.1525 in extension.
Pivot: 1.1585
Our preference:
short positions below 1.1585 with targets at 1.1540 & 1.1525 in extension.
Alternative scenario:
above 1.1585 look for further upside with 1.1610 & 1.1630 as targets.
Comment:
as long as the resistance at 1.1585 is not surpassed, the risk of the break below 1.1540 remains high.
Supports and resistances:
1.1630
1.1610
1.1585
1.1563 Last
1.1540
1.1525
1.1505
Our preference:
short positions below 1.1585 with targets at 1.1540 & 1.1525 in extension.
Alternative scenario:
above 1.1585 look for further upside with 1.1610 & 1.1630 as targets.
Comment:
as long as the resistance at 1.1585 is not surpassed, the risk of the break below 1.1540 remains high.
Supports and resistances:
1.1630
1.1610
1.1585
1.1563 Last
1.1540
1.1525
1.1505
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