EUR/USD Short Term: bullish bias above 1.1720
Feb 2, 2026 5:33 AM
long positions above 1.1720 with targets at 1.2080 & 1.2220 in extension.
Pivot: 1.1720
Our preference:
long positions above 1.1720 with targets at 1.2080 & 1.2220 in extension.
Alternative scenario:
below 1.1720 look for further downside with 1.1570 & 1.1390 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
1.2400 ***
1.2220 ***
1.2080 ***
1.1865 Last
1.1720 ***
1.1570 ***
1.1390 ***
Our preference:
long positions above 1.1720 with targets at 1.2080 & 1.2220 in extension.
Alternative scenario:
below 1.1720 look for further downside with 1.1570 & 1.1390 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
1.2400 ***
1.2220 ***
1.2080 ***
1.1865 Last
1.1720 ***
1.1570 ***
1.1390 ***
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
1.18217
0.0041199999999999015
+35.00%
