EUR/USD Intraday: capped by a negative trend line
Mar 25, 2025 11:13 AM
short positions below 1.0830 with targets at 1.0775 & 1.0745 in extension.
Pivot: 1.0830
Our preference:
short positions below 1.0830 with targets at 1.0775 & 1.0745 in extension.
Alternative scenario:
above 1.0830 look for further upside with 1.0855 & 1.0880 as targets.
Comment:
as long as 1.0830 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0880
1.0855
1.0830
1.0815 Last
1.0775
1.0745
1.0720
Our preference:
short positions below 1.0830 with targets at 1.0775 & 1.0745 in extension.
Alternative scenario:
above 1.0830 look for further upside with 1.0855 & 1.0880 as targets.
Comment:
as long as 1.0830 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0880
1.0855
1.0830
1.0815 Last
1.0775
1.0745
1.0720
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