EUR/USD Intraday: the upside prevails
May 21, 2025 1:40 AM
long positions above 1.1250 with targets at 1.1310 & 1.1330 in extension.
Pivot: 1.1250
Our preference:
long positions above 1.1250 with targets at 1.1310 & 1.1330 in extension.
Alternative scenario:
below 1.1250 look for further downside with 1.1225 & 1.1200 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
1.1350
1.1330
1.1310
1.1288 Last
1.1250
1.1225
1.1200
Our preference:
long positions above 1.1250 with targets at 1.1310 & 1.1330 in extension.
Alternative scenario:
below 1.1250 look for further downside with 1.1225 & 1.1200 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
1.1350
1.1330
1.1310
1.1288 Last
1.1250
1.1225
1.1200
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%
