EUR/USD Intraday: the downside prevails
Mar 21, 2025 9:49 AM
short positions below 1.0865 with targets at 1.0800 & 1.0780 in extension.
Pivot: 1.0865
Our preference:
short positions below 1.0865 with targets at 1.0800 & 1.0780 in extension.
Alternative scenario:
above 1.0865 look for further upside with 1.0895 & 1.0915 as targets.
Comment:
the break below 1.0865 is a negative signal that has opened a path to 1.0800.
Supports and resistances:
1.0915
1.0895
1.0865
1.0836 Last
1.0800
1.0780
1.0760
Our preference:
short positions below 1.0865 with targets at 1.0800 & 1.0780 in extension.
Alternative scenario:
above 1.0865 look for further upside with 1.0895 & 1.0915 as targets.
Comment:
the break below 1.0865 is a negative signal that has opened a path to 1.0800.
Supports and resistances:
1.0915
1.0895
1.0865
1.0836 Last
1.0800
1.0780
1.0760
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