EUR/USD Intraday: consolidation
Jun 3, 2025 5:03 AM
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Pivot: 1.1405
Our preference:
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Alternative scenario:
below 1.1405 look for further downside with 1.1380 & 1.1355 as targets.
Comment:
a support base at 1.1405 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1530
1.1500
1.1470
1.1425 Last
1.1405
1.1380
1.1355
Our preference:
long positions above 1.1405 with targets at 1.1470 & 1.1500 in extension.
Alternative scenario:
below 1.1405 look for further downside with 1.1380 & 1.1355 as targets.
Comment:
a support base at 1.1405 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1530
1.1500
1.1470
1.1425 Last
1.1405
1.1380
1.1355
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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EUR/USD
1.17761
-0.00012999999999996348
-1.10%
