EUR/USD Intraday: consolidation
Aug 26, 2025 11:05 AM
short positions below 1.1670 with targets at 1.1580 & 1.1540 in extension.
Pivot: 1.1670
Our preference:
short positions below 1.1670 with targets at 1.1580 & 1.1540 in extension.
Alternative scenario:
above 1.1670 look for further upside with 1.1705 & 1.1740 as targets.
Comment:
as long as 1.1670 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1740
1.1705
1.1670
1.1638 Last
1.1580
1.1540
1.1515
Our preference:
short positions below 1.1670 with targets at 1.1580 & 1.1540 in extension.
Alternative scenario:
above 1.1670 look for further upside with 1.1705 & 1.1740 as targets.
Comment:
as long as 1.1670 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1740
1.1705
1.1670
1.1638 Last
1.1580
1.1540
1.1515
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