EUR/USD Intraday: bullish bias above 1.1420
Jun 6, 2025 5:05 AM
long positions above 1.1420 with targets at 1.1465 & 1.1490 in extension.
Pivot: 1.1420
Our preference:
long positions above 1.1420 with targets at 1.1465 & 1.1490 in extension.
Alternative scenario:
below 1.1420 look for further downside with 1.1400 & 1.1380 as targets.
Comment:
a support base at 1.1420 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1510
1.1490
1.1465
1.1439 Last
1.1420
1.1400
1.1380
Our preference:
long positions above 1.1420 with targets at 1.1465 & 1.1490 in extension.
Alternative scenario:
below 1.1420 look for further downside with 1.1400 & 1.1380 as targets.
Comment:
a support base at 1.1420 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1510
1.1490
1.1465
1.1439 Last
1.1420
1.1400
1.1380
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EUR/USD
1.17762
-0.00012000000000012001
-1.00%
