EUR/USD Intraday: turning down

Feb 18, 2025 1:45 AM

short positions below 1.0500 with targets at 1.0450 & 1.0425 in extension.

Pivot: 1.0500
Our preference:
short positions below 1.0500 with targets at 1.0450 & 1.0425 in extension.
Alternative scenario:
above 1.0500 look for further upside with 1.0515 & 1.0530 as targets.
Comment:
the RSI calls for a new downleg.
Supports and resistances:
1.0530
1.0515
1.0500
1.0465 Last
1.0450
1.0425
1.0410

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

KeyAI

