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EUR/USD Intraday: as long as 1.1373 is resistance look for 1.1289

May 30, 2025 11:00 PM
as long as 1.1373 is resistance look for 1.1289
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Our pivot point is at 1.1373.
Our preference:
as long as 1.1373 is resistance look for 1.1289
Alternative scenario:
above 1.1373, look for 1.1403 and 1.1422.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1347 and 1.1350).
Supports and resistances:
1.1422 **
1.1403 *
1.1373 **
1.1361
1.1344 last
1.1307
1.1289 **
1.1271 *
1.1253 **
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.
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