EUR/USD Intraday: the downside prevails
Feb 4, 2026 12:20 PM
short positions below 1.1840 with targets at 1.1785 & 1.1755 in extension.
Pivot: 1.1840
Our preference:
short positions below 1.1840 with targets at 1.1785 & 1.1755 in extension.
Alternative scenario:
above 1.1840 look for further upside with 1.1870 & 1.1890 as targets.
Comment:
as long as the resistance at 1.1840 is not surpassed, the risk of the break below 1.1785 remains high.
Supports and resistances:
1.1890
1.1870
1.1840
1.1811 Last
1.1785
1.1755
1.1730
Our preference:
short positions below 1.1840 with targets at 1.1785 & 1.1755 in extension.
Alternative scenario:
above 1.1840 look for further upside with 1.1870 & 1.1890 as targets.
Comment:
as long as the resistance at 1.1840 is not surpassed, the risk of the break below 1.1785 remains high.
Supports and resistances:
1.1890
1.1870
1.1840
1.1811 Last
1.1785
1.1755
1.1730
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
