EUR/USD Intraday: the downside prevails
Feb 18, 2025 5:46 AM
short positions below 1.0490 with targets at 1.0425 & 1.0410 in extension.
Pivot: 1.0490
Our preference:
short positions below 1.0490 with targets at 1.0425 & 1.0410 in extension.
Alternative scenario:
above 1.0490 look for further upside with 1.0515 & 1.0530 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.0530
1.0515
1.0490
1.0453 Last
1.0425
1.0410
1.0385
Our preference:
short positions below 1.0490 with targets at 1.0425 & 1.0410 in extension.
Alternative scenario:
above 1.0490 look for further upside with 1.0515 & 1.0530 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
1.0530
1.0515
1.0490
1.0453 Last
1.0425
1.0410
1.0385
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Related Instruments
EUR/USD
1.173
-0.000
-0.02%
