EUR/USD Intraday: further upside
Apr 16, 2025 8:58 AM
long positions above 1.1300 with targets at 1.1420 & 1.1475 in extension.
Pivot: 1.1300
Our preference:
long positions above 1.1300 with targets at 1.1420 & 1.1475 in extension.
Alternative scenario:
below 1.1300 look for further downside with 1.1265 & 1.1240 as targets.
Comment:
the break above 1.1300 is a positive signal that has opened a path to 1.1420.
Supports and resistances:
1.1500
1.1475
1.1420
1.1358 Last
1.1300
1.1265
1.1240
Our preference:
long positions above 1.1300 with targets at 1.1420 & 1.1475 in extension.
Alternative scenario:
below 1.1300 look for further downside with 1.1265 & 1.1240 as targets.
Comment:
the break above 1.1300 is a positive signal that has opened a path to 1.1420.
Supports and resistances:
1.1500
1.1475
1.1420
1.1358 Last
1.1300
1.1265
1.1240
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