EUR/USD Intraday: the downside prevails
Jul 28, 2025 11:06 AM
short positions below 1.1675 with targets at 1.1645 & 1.1615 in extension.
Pivot: 1.1675
Our preference:
short positions below 1.1675 with targets at 1.1645 & 1.1615 in extension.
Alternative scenario:
above 1.1675 look for further upside with 1.1705 & 1.1730 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.1730
1.1705
1.1675
1.1657 Last
1.1645
1.1615
1.1600
Our preference:
short positions below 1.1675 with targets at 1.1645 & 1.1615 in extension.
Alternative scenario:
above 1.1675 look for further upside with 1.1705 & 1.1730 as targets.
Comment:
the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.1730
1.1705
1.1675
1.1657 Last
1.1645
1.1615
1.1600
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