EUR/USD Intraday: the downside prevails
Jul 29, 2025 1:21 AM
short positions below 1.1640 with targets at 1.1550 & 1.1520 in extension.
Pivot: 1.1640
Our preference:
short positions below 1.1640 with targets at 1.1550 & 1.1520 in extension.
Alternative scenario:
above 1.1640 look for further upside with 1.1675 & 1.1710 as targets.
Comment:
the break below 1.1640 is a negative signal that has opened a path to 1.1550.
Supports and resistances:
1.1710
1.1675
1.1640
1.1585 Last
1.1550
1.1520
1.1490
Our preference:
short positions below 1.1640 with targets at 1.1550 & 1.1520 in extension.
Alternative scenario:
above 1.1640 look for further upside with 1.1675 & 1.1710 as targets.
Comment:
the break below 1.1640 is a negative signal that has opened a path to 1.1550.
Supports and resistances:
1.1710
1.1675
1.1640
1.1585 Last
1.1550
1.1520
1.1490
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