EUR/USD Intraday: watch 1.1560
Jul 16, 2025 11:03 AM
short positions below 1.1635 with targets at 1.1590 & 1.1560 in extension.
Pivot: 1.1635
Our preference:
short positions below 1.1635 with targets at 1.1590 & 1.1560 in extension.
Alternative scenario:
above 1.1635 look for further upside with 1.1660 & 1.1690 as targets.
Comment:
as long as the resistance at 1.1635 is not surpassed, the risk of the break below 1.1590 remains high.
Supports and resistances:
1.1690
1.1660
1.1635
1.1617 Last
1.1590
1.1560
1.1520
Our preference:
short positions below 1.1635 with targets at 1.1590 & 1.1560 in extension.
Alternative scenario:
above 1.1635 look for further upside with 1.1660 & 1.1690 as targets.
Comment:
as long as the resistance at 1.1635 is not surpassed, the risk of the break below 1.1590 remains high.
Supports and resistances:
1.1690
1.1660
1.1635
1.1617 Last
1.1590
1.1560
1.1520
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.
Related Instruments
EUR/USD
1.17765
-0.0012599999999998168
-10.70%
