EUR/USD Intraday: turning up
May 29, 2025 1:45 PM
long positions above 1.1282 with targets at 1.1375 & 1.1418 in extension.
Pivot: 1.1282
Our preference:
long positions above 1.1282 with targets at 1.1375 & 1.1418 in extension.
Alternative scenario:
below 1.1282 look for further downside with 1.1230 & 1.1209 as targets.
Comment:
the immediate trend remains up but the momentum is weak.
Supports and resistances:
1.1480
1.1418
1.1375
1.1346 Last
1.1282
1.1230
1.1209
Our preference:
long positions above 1.1282 with targets at 1.1375 & 1.1418 in extension.
Alternative scenario:
below 1.1282 look for further downside with 1.1230 & 1.1209 as targets.
Comment:
the immediate trend remains up but the momentum is weak.
Supports and resistances:
1.1480
1.1418
1.1375
1.1346 Last
1.1282
1.1230
1.1209
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
1.13922
-0.00513
-0.45%
