EUR/USD Intraday: consolidation in place
Mar 28, 2025 11:06 AM
short positions below 1.0785 with targets at 1.0755 & 1.0730 in extension.
Pivot: 1.0785
Our preference:
short positions below 1.0785 with targets at 1.0755 & 1.0730 in extension.
Alternative scenario:
above 1.0785 look for further upside with 1.0800 & 1.0820 as targets.
Comment:
the break below 1.0785 is a negative signal that has opened a path to 1.0755.
Supports and resistances:
1.0820
1.0800
1.0785
1.0765 Last
1.0755
1.0730
1.0710
Our preference:
short positions below 1.0785 with targets at 1.0755 & 1.0730 in extension.
Alternative scenario:
above 1.0785 look for further upside with 1.0800 & 1.0820 as targets.
Comment:
the break below 1.0785 is a negative signal that has opened a path to 1.0755.
Supports and resistances:
1.0820
1.0800
1.0785
1.0765 Last
1.0755
1.0730
1.0710
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