EUR/USD Short Term: supported by a rising trend line
Jul 21, 2025 7:19 AM
long positions above 1.1450 with targets at 1.1830 & 1.2050 in extension.
Pivot: 1.1450
Our preference:
long positions above 1.1450 with targets at 1.1830 & 1.2050 in extension.
Alternative scenario:
below 1.1450 look for further downside with 1.1210 & 1.1070 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2260 ***
1.2050 ***
1.1830 ***
1.1625 Last
1.1450 ***
1.1210 ***
1.1070 **
Our preference:
long positions above 1.1450 with targets at 1.1830 & 1.2050 in extension.
Alternative scenario:
below 1.1450 look for further downside with 1.1210 & 1.1070 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2260 ***
1.2050 ***
1.1830 ***
1.1625 Last
1.1450 ***
1.1210 ***
1.1070 **
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
1.17902
0.0001100000000000545
+0.90%
