EUR/USD Intraday: consolidation in place
Jul 2, 2025 8:10 AM
short positions below 1.1810 with targets at 1.1750 & 1.1720 in extension.
Pivot: 1.1810
Our preference:
short positions below 1.1810 with targets at 1.1750 & 1.1720 in extension.
Alternative scenario:
above 1.1810 look for further upside with 1.1830 & 1.1855 as targets.
Comment:
as long as 1.1810 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1855
1.1830
1.1810
1.1776 Last
1.1750
1.1720
1.1710
Our preference:
short positions below 1.1810 with targets at 1.1750 & 1.1720 in extension.
Alternative scenario:
above 1.1810 look for further upside with 1.1830 & 1.1855 as targets.
Comment:
as long as 1.1810 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1855
1.1830
1.1810
1.1776 Last
1.1750
1.1720
1.1710
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