EUR/USD Intraday: under pressure
May 12, 2025 3:17 AM
short positions below 1.1265 with targets at 1.1195 & 1.1170 in extension.
Pivot: 1.1265
Our preference:
short positions below 1.1265 with targets at 1.1195 & 1.1170 in extension.
Alternative scenario:
above 1.1265 look for further upside with 1.1290 & 1.1320 as targets.
Comment:
as long as 1.1265 is resistance, expect a return to 1.1195.
Supports and resistances:
1.1320
1.1290
1.1265
1.1227 Last
1.1195
1.1170
1.1140
Our preference:
short positions below 1.1265 with targets at 1.1195 & 1.1170 in extension.
Alternative scenario:
above 1.1265 look for further upside with 1.1290 & 1.1320 as targets.
Comment:
as long as 1.1265 is resistance, expect a return to 1.1195.
Supports and resistances:
1.1320
1.1290
1.1265
1.1227 Last
1.1195
1.1170
1.1140
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%
