EUR/USD Intraday: the downside prevails
May 22, 2025 9:50 AM
short positions below 1.1325 with targets at 1.1280 & 1.1245 in extension.
Pivot: 1.1325
Our preference:
short positions below 1.1325 with targets at 1.1280 & 1.1245 in extension.
Alternative scenario:
above 1.1325 look for further upside with 1.1345 & 1.1360 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
1.1360
1.1345
1.1325
1.1299 Last
1.1280
1.1245
1.1220
Our preference:
short positions below 1.1325 with targets at 1.1280 & 1.1245 in extension.
Alternative scenario:
above 1.1325 look for further upside with 1.1345 & 1.1360 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
1.1360
1.1345
1.1325
1.1299 Last
1.1280
1.1245
1.1220
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
1.17758
-0.00015999999999993797
-1.40%
