EUR/USD Intraday: consolidation
Feb 26, 2025 3:35 AM
long positions above 1.0490 with targets at 1.0525 & 1.0540 in extension.
Pivot: 1.0490
Our preference:
long positions above 1.0490 with targets at 1.0525 & 1.0540 in extension.
Alternative scenario:
below 1.0490 look for further downside with 1.0470 & 1.0450 as targets.
Comment:
the next resistances are at 1.0525 and then at 1.0540.
Supports and resistances:
1.0560
1.0540
1.0525
1.0502 Last
1.0490
1.0470
1.0450
Our preference:
long positions above 1.0490 with targets at 1.0525 & 1.0540 in extension.
Alternative scenario:
below 1.0490 look for further downside with 1.0470 & 1.0450 as targets.
Comment:
the next resistances are at 1.0525 and then at 1.0540.
Supports and resistances:
1.0560
1.0540
1.0525
1.0502 Last
1.0490
1.0470
1.0450
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