EUR/USD Intraday: key resistance at 1.1020
Apr 10, 2025 1:13 AM
short positions below 1.1020 with targets at 1.0930 & 1.0900 in extension.
Pivot: 1.1020
Our preference:
short positions below 1.1020 with targets at 1.0930 & 1.0900 in extension.
Alternative scenario:
above 1.1020 look for further upside with 1.1055 & 1.1090 as targets.
Comment:
as long as the resistance at 1.1020 is not surpassed, the risk of the break below 1.0930 remains high.
Supports and resistances:
1.1090
1.1055
1.1020
1.0986 Last
1.0930
1.0900
1.0860
Our preference:
short positions below 1.1020 with targets at 1.0930 & 1.0900 in extension.
Alternative scenario:
above 1.1020 look for further upside with 1.1055 & 1.1090 as targets.
Comment:
as long as the resistance at 1.1020 is not surpassed, the risk of the break below 1.0930 remains high.
Supports and resistances:
1.1090
1.1055
1.1020
1.0986 Last
1.0930
1.0900
1.0860
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