EUR/USD Intraday: consolidation in place
Apr 28, 2025 8:56 AM
short positions below 1.1390 with targets at 1.1310 & 1.1280 in extension.
Pivot: 1.1390
Our preference:
short positions below 1.1390 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario:
above 1.1390 look for further upside with 1.1415 & 1.1440 as targets.
Comment:
as long as 1.1390 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1440
1.1415
1.1390
1.1349 Last
1.1310
1.1280
1.1265
Our preference:
short positions below 1.1390 with targets at 1.1310 & 1.1280 in extension.
Alternative scenario:
above 1.1390 look for further upside with 1.1415 & 1.1440 as targets.
Comment:
as long as 1.1390 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1440
1.1415
1.1390
1.1349 Last
1.1310
1.1280
1.1265
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