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EUR/USD Intraday: bullish bias above 1.1745
May 7, 2026 11:24 AM
long positions above 1.1745 with targets at 1.1795 & 1.1815 in extension.
Pivot: 1.1745
Our preference:
long positions above 1.1745 with targets at 1.1795 & 1.1815 in extension.
Alternative scenario:
below 1.1745 look for further downside with 1.1725 & 1.1710 as targets.
Comment:
a support base at 1.1745 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1835
1.1815
1.1795
1.1762 Last
1.1745
1.1725
1.1710
Our preference:
long positions above 1.1745 with targets at 1.1795 & 1.1815 in extension.
Alternative scenario:
below 1.1745 look for further downside with 1.1725 & 1.1710 as targets.
Comment:
a support base at 1.1745 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1835
1.1815
1.1795
1.1762 Last
1.1745
1.1725
1.1710
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Related Instruments
EUR/USD
1.16095
-0.00062000000000006
-5.30%
