EUR/USD Intraday: under pressure
Feb 27, 2025 12:25 PM
short positions below 1.0495 with targets at 1.0447 & 1.0431 in extension.
Pivot: 1.0495
Our preference:
short positions below 1.0495 with targets at 1.0447 & 1.0431 in extension.
Alternative scenario:
above 1.0495 look for further upside with 1.0510 & 1.0528 as targets.
Comment:
as long as the resistance at 1.0495 is not surpassed, the risk of the break below 1.0447 remains high.
Supports and resistances:
1.0528
1.0510
1.0495
1.0476 Last
1.0447
1.0431
1.0400
Our preference:
short positions below 1.0495 with targets at 1.0447 & 1.0431 in extension.
Alternative scenario:
above 1.0495 look for further upside with 1.0510 & 1.0528 as targets.
Comment:
as long as the resistance at 1.0495 is not surpassed, the risk of the break below 1.0447 remains high.
Supports and resistances:
1.0528
1.0510
1.0495
1.0476 Last
1.0447
1.0431
1.0400
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