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EUR/USD Intraday: key resistance at 1.1390

Apr 28, 2025 1:47 AM
short positions below 1.1390 with targets at 1.1315 & 1.1290 in extension.
image
Pivot: 1.1390
Our preference:
short positions below 1.1390 with targets at 1.1315 & 1.1290 in extension.
Alternative scenario:
above 1.1390 look for further upside with 1.1415 & 1.1440 as targets.
Comment:
as long as the resistance at 1.1390 is not surpassed, the risk of the break below 1.1315 remains high.
Supports and resistances:
1.1440
1.1415
1.1390
1.1354 Last
1.1315
1.1290
1.1265
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

EUR/USD
1.12894
-0.00378
-0.33%