EUR/USD Intraday: under pressure
Feb 28, 2025 10:04 AM
short positions below 1.0430 with targets at 1.0365 & 1.0330 in extension.
Pivot: 1.0430
Our preference:
short positions below 1.0430 with targets at 1.0365 & 1.0330 in extension.
Alternative scenario:
above 1.0430 look for further upside with 1.0470 & 1.0490 as targets.
Comment:
as long as the resistance at 1.0430 is not surpassed, the risk of the break below 1.0365 remains high.
Supports and resistances:
1.0490
1.0470
1.0430
1.0397 Last
1.0365
1.0330
1.0290
Our preference:
short positions below 1.0430 with targets at 1.0365 & 1.0330 in extension.
Alternative scenario:
above 1.0430 look for further upside with 1.0470 & 1.0490 as targets.
Comment:
as long as the resistance at 1.0430 is not surpassed, the risk of the break below 1.0365 remains high.
Supports and resistances:
1.0490
1.0470
1.0430
1.0397 Last
1.0365
1.0330
1.0290
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%
