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EUR/USD Intraday: consolidation in place
Jun 16, 2026 1:32 AM
short positions below 1.1620 with targets at 1.1570 & 1.1550 in extension.
Pivot: 1.1620
Our preference:
short positions below 1.1620 with targets at 1.1570 & 1.1550 in extension.
Alternative scenario:
above 1.1620 look for further upside with 1.1640 & 1.1660 as targets.
Comment:
technically the RSI is below its neutrality area at 50.
Supports and resistances:
1.1660 **
1.1640 **
1.1620 ***
1.1590 Last
1.1570 ***
1.1550 ***
1.1530 **
Our preference:
short positions below 1.1620 with targets at 1.1570 & 1.1550 in extension.
Alternative scenario:
above 1.1620 look for further upside with 1.1640 & 1.1660 as targets.
Comment:
technically the RSI is below its neutrality area at 50.
Supports and resistances:
1.1660 **
1.1640 **
1.1620 ***
1.1590 Last
1.1570 ***
1.1550 ***
1.1530 **
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