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EUR/USD Intraday: consolidation
May 19, 2026 4:10 AM
long positions above 1.1625 with targets at 1.1665 & 1.1680 in extension.
Pivot: 1.1625
Our preference:
long positions above 1.1625 with targets at 1.1665 & 1.1680 in extension.
Alternative scenario:
below 1.1625 look for further downside with 1.1610 & 1.1590 as targets.
Comment:
a support base at 1.1625 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1700 ***
1.1680 **
1.1665 ***
1.1640 Last
1.1625 ***
1.1610 ***
1.1590 **
Our preference:
long positions above 1.1625 with targets at 1.1665 & 1.1680 in extension.
Alternative scenario:
below 1.1625 look for further downside with 1.1610 & 1.1590 as targets.
Comment:
a support base at 1.1625 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1700 ***
1.1680 **
1.1665 ***
1.1640 Last
1.1625 ***
1.1610 ***
1.1590 **
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