EUR/USD Intraday: under pressure

Apr 30, 2025 3:46 AM

short positions below 1.1405 with targets at 1.1345 & 1.1325 in extension.

Pivot: 1.1405
Our preference:
short positions below 1.1405 with targets at 1.1345 & 1.1325 in extension.
Alternative scenario:
above 1.1405 look for further upside with 1.1425 & 1.1440 as targets.
Comment:
as long as 1.1405 is resistance, expect a return to 1.1345.
Supports and resistances:
1.1440
1.1425
1.1405
1.1370 Last
1.1345
1.1325
1.1300

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