EUR/USD Intraday: bullish bias above 1.1605
Jul 17, 2025 5:08 AM
long positions above 1.1605 with targets at 1.1645 & 1.1665 in extension.
Pivot: 1.1605
Our preference:
long positions above 1.1605 with targets at 1.1645 & 1.1665 in extension.
Alternative scenario:
below 1.1605 look for further downside with 1.1580 & 1.1560 as targets.
Comment:
a support base at 1.1605 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1685
1.1665
1.1645
1.1624 Last
1.1605
1.1580
1.1560
Our preference:
long positions above 1.1605 with targets at 1.1645 & 1.1665 in extension.
Alternative scenario:
below 1.1605 look for further downside with 1.1580 & 1.1560 as targets.
Comment:
a support base at 1.1605 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1685
1.1665
1.1645
1.1624 Last
1.1605
1.1580
1.1560
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