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EUR/USD Intraday: key resistance at 1.1625
May 20, 2026 4:09 AM
short positions below 1.1625 with targets at 1.1575 & 1.1560 in extension.
Pivot: 1.1625
Our preference:
short positions below 1.1625 with targets at 1.1575 & 1.1560 in extension.
Alternative scenario:
above 1.1625 look for further upside with 1.1645 & 1.1660 as targets.
Comment:
as long as 1.1625 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1660 **
1.1645 **
1.1625 ***
1.1601 Last
1.1575 ***
1.1560 **
1.1545 **
Our preference:
short positions below 1.1625 with targets at 1.1575 & 1.1560 in extension.
Alternative scenario:
above 1.1625 look for further upside with 1.1645 & 1.1660 as targets.
Comment:
as long as 1.1625 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1660 **
1.1645 **
1.1625 ***
1.1601 Last
1.1575 ***
1.1560 **
1.1545 **
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