EUR/USD Intraday: caution
Jun 17, 2025 8:47 AM
short positions below 1.1585 with targets at 1.1515 & 1.1495 in extension.
Pivot: 1.1585
Our preference:
short positions below 1.1585 with targets at 1.1515 & 1.1495 in extension.
Alternative scenario:
above 1.1585 look for further upside with 1.1610 & 1.1630 as targets.
Comment:
as long as 1.1585 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1630
1.1610
1.1585
1.1558 Last
1.1515
1.1495
1.1480
Our preference:
short positions below 1.1585 with targets at 1.1515 & 1.1495 in extension.
Alternative scenario:
above 1.1585 look for further upside with 1.1610 & 1.1630 as targets.
Comment:
as long as 1.1585 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1630
1.1610
1.1585
1.1558 Last
1.1515
1.1495
1.1480
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
1.17774
-0.00015999999999993797
-1.40%
