tradingkey.logo

EUR/USD Short Term: the upside prevails

Jun 16, 2025 7:55 AM
long positions above 1.1060 with targets at 1.1700 & 1.1900 in extension.
image
Pivot: 1.1060
Our preference:
long positions above 1.1060 with targets at 1.1700 & 1.1900 in extension.
Alternative scenario:
below 1.1060 look for further downside with 1.0880 & 1.0740 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
1.2260
1.1900
1.1700
1.1583 Last
1.1060
1.0880
1.0740
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.
KeyAI