EUR/USD Intraday: key resistance at 1.0510
Feb 26, 2025 11:37 PM
short positions below 1.0510 with targets at 1.0475 & 1.0455 in extension.
Pivot: 1.0510
Our preference:
short positions below 1.0510 with targets at 1.0475 & 1.0455 in extension.
Alternative scenario:
above 1.0510 look for further upside with 1.0525 & 1.0540 as targets.
Comment:
as long as 1.0510 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0540
1.0525
1.0510
1.0492 Last
1.0475
1.0455
1.0435
Our preference:
short positions below 1.0510 with targets at 1.0475 & 1.0455 in extension.
Alternative scenario:
above 1.0510 look for further upside with 1.0525 & 1.0540 as targets.
Comment:
as long as 1.0510 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0540
1.0525
1.0510
1.0492 Last
1.0475
1.0455
1.0435
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