EUR/USD Intraday: bullish bias above 1.1210
May 19, 2025 11:36 PM
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Pivot: 1.1210
Our preference:
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Alternative scenario:
below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1310
1.1285
1.1265
1.1234 Last
1.1210
1.1190
1.1170
Our preference:
long positions above 1.1210 with targets at 1.1265 & 1.1285 in extension.
Alternative scenario:
below 1.1210 look for further downside with 1.1190 & 1.1170 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1310
1.1285
1.1265
1.1234 Last
1.1210
1.1190
1.1170
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%
