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EUR/USD Intraday: key resistance at 1.1620
Jun 4, 2026 1:40 AM
short positions below 1.1620 with targets at 1.1590 & 1.1575 in extension.
Pivot: 1.1620
Our preference:
short positions below 1.1620 with targets at 1.1590 & 1.1575 in extension.
Alternative scenario:
above 1.1620 look for further upside with 1.1635 & 1.1655 as targets.
Comment:
even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1655 **
1.1635 **
1.1620 ***
1.1608 Last
1.1590 ***
1.1575 **
1.1560 **
Our preference:
short positions below 1.1620 with targets at 1.1590 & 1.1575 in extension.
Alternative scenario:
above 1.1620 look for further upside with 1.1635 & 1.1655 as targets.
Comment:
even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1655 **
1.1635 **
1.1620 ***
1.1608 Last
1.1590 ***
1.1575 **
1.1560 **
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