EUR/USD Intraday: turning down
Feb 13, 2025 12:30 PM
short positions below 1.0425 with targets at 1.0370 & 1.0350 in extension.
Pivot: 1.0425
Our preference:
short positions below 1.0425 with targets at 1.0370 & 1.0350 in extension.
Alternative scenario:
above 1.0425 look for further upside with 1.0440 & 1.0460 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
1.0460
1.0440
1.0425
1.0387 Last
1.0370
1.0350
1.0330
Our preference:
short positions below 1.0425 with targets at 1.0370 & 1.0350 in extension.
Alternative scenario:
above 1.0425 look for further upside with 1.0440 & 1.0460 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
1.0460
1.0440
1.0425
1.0387 Last
1.0370
1.0350
1.0330
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
1.173
-0.000
-0.02%
