EUR/USD Intraday: bullish bias above 1.1250
Apr 13, 2025 11:29 PM
long positions above 1.1250 with targets at 1.1410 & 1.1470 in extension.
Pivot: 1.1250
Our preference:
long positions above 1.1250 with targets at 1.1410 & 1.1470 in extension.
Alternative scenario:
below 1.1250 look for further downside with 1.1190 & 1.1130 as targets.
Comment:
a support base at 1.1250 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1500
1.1470
1.1410
1.1333 Last
1.1250
1.1190
1.1130
Our preference:
long positions above 1.1250 with targets at 1.1410 & 1.1470 in extension.
Alternative scenario:
below 1.1250 look for further downside with 1.1190 & 1.1130 as targets.
Comment:
a support base at 1.1250 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1500
1.1470
1.1410
1.1333 Last
1.1250
1.1190
1.1130
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