EUR/USD Intraday: capped by a negative trend line
Mar 14, 2025 5:50 AM
short positions below 1.0870 with targets at 1.0820 & 1.0805 in extension.
Pivot: 1.0870
Our preference:
short positions below 1.0870 with targets at 1.0820 & 1.0805 in extension.
Alternative scenario:
above 1.0870 look for further upside with 1.0895 & 1.0915 as targets.
Comment:
as long as 1.0870 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0915
1.0895
1.0870
1.0843 Last
1.0820
1.0805
1.0790
Our preference:
short positions below 1.0870 with targets at 1.0820 & 1.0805 in extension.
Alternative scenario:
above 1.0870 look for further upside with 1.0895 & 1.0915 as targets.
Comment:
as long as 1.0870 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0915
1.0895
1.0870
1.0843 Last
1.0820
1.0805
1.0790
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