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EUR/USD Intraday: choppy
May 11, 2026 10:59 AM
long positions above 1.1740 with targets at 1.1795 & 1.1820 in extension.
Pivot: 1.1740
Our preference:
long positions above 1.1740 with targets at 1.1795 & 1.1820 in extension.
Alternative scenario:
below 1.1740 look for further downside with 1.1715 & 1.1690 as targets.
Comment:
intraday technical indicators are mixed and call for caution.
Supports and resistances:
1.1850 **
1.1820 ***
1.1795 ***
1.1770 Last
1.1740 ***
1.1715 ***
1.1690 **
Our preference:
long positions above 1.1740 with targets at 1.1795 & 1.1820 in extension.
Alternative scenario:
below 1.1740 look for further downside with 1.1715 & 1.1690 as targets.
Comment:
intraday technical indicators are mixed and call for caution.
Supports and resistances:
1.1850 **
1.1820 ***
1.1795 ***
1.1770 Last
1.1740 ***
1.1715 ***
1.1690 **
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