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EUR/USD Intraday: the downside prevails

Jul 31, 2025 11:34 PM
short positions below 1.1460 with targets at 1.1400 & 1.1370 in extension.
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Pivot: 1.1460
Our preference:
short positions below 1.1460 with targets at 1.1400 & 1.1370 in extension.
Alternative scenario:
above 1.1460 look for further upside with 1.1485 & 1.1520 as targets.
Comment:
as long as the resistance at 1.1460 is not surpassed, the risk of the break below 1.1400 remains high.
Supports and resistances:
1.1520
1.1485
1.1460
1.1420 Last
1.1400
1.1370
1.1340
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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