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EUR/USD Intraday: the downside prevails

Mar 2, 2026 7:16 AM
short positions below 1.1775 with targets at 1.1690 & 1.1660 in extension.
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Pivot: 1.1775
Our preference:
short positions below 1.1775 with targets at 1.1690 & 1.1660 in extension.
Alternative scenario:
above 1.1775 look for further upside with 1.1800 & 1.1825 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.1825
1.1800
1.1775
1.1722 Last
1.1690
1.1660
1.1630
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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