EUR/USD Intraday: watch 1.1290
May 5, 2025 11:33 PM
short positions below 1.1355 with targets at 1.1290 & 1.1260 in extension.
Pivot: 1.1355
Our preference:
short positions below 1.1355 with targets at 1.1290 & 1.1260 in extension.
Alternative scenario:
above 1.1355 look for further upside with 1.1380 & 1.1400 as targets.
Comment:
a break below 1.1290 would trigger a drop towards 1.1260.
Supports and resistances:
1.1400
1.1380
1.1355
1.1312 Last
1.1290
1.1260
1.1240
Our preference:
short positions below 1.1355 with targets at 1.1290 & 1.1260 in extension.
Alternative scenario:
above 1.1355 look for further upside with 1.1380 & 1.1400 as targets.
Comment:
a break below 1.1290 would trigger a drop towards 1.1260.
Supports and resistances:
1.1400
1.1380
1.1355
1.1312 Last
1.1290
1.1260
1.1240
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
1.17745
-0.00028999999999990145
-2.50%
