EUR/USD Intraday: key resistance at 1.0355

Feb 4, 2025 10:21 AM

short positions below 1.0355 with targets at 1.0270 & 1.0240 in extension.

Pivot: 1.0355
Our preference:
short positions below 1.0355 with targets at 1.0270 & 1.0240 in extension.
Alternative scenario:
above 1.0355 look for further upside with 1.0390 & 1.0430 as targets.
Comment:
as long as 1.0355 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0430
1.0390
1.0355
1.0341 Last
1.0270
1.0240
1.0210

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