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EUR/USD Intraday: the downside prevails

Oct 31, 2025 10:03 AM
short positions below 1.1585 with targets at 1.1545 & 1.1520 in extension.
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Pivot: 1.1585
Our preference:
short positions below 1.1585 with targets at 1.1545 & 1.1520 in extension.
Alternative scenario:
above 1.1585 look for further upside with 1.1610 & 1.1635 as targets.
Comment:
as long as the resistance at 1.1585 is not surpassed, the risk of the break below 1.1545 remains high.
Supports and resistances:
1.1635
1.1610
1.1585
1.1571 Last
1.1545
1.1520
1.1500
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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