EUR/USD Intraday: the upside prevails
Mar 6, 2025 5:35 AM
long positions above 1.0720 with targets at 1.0870 & 1.0910 in extension.
Pivot: 1.0720
Our preference:
long positions above 1.0720 with targets at 1.0870 & 1.0910 in extension.
Alternative scenario:
below 1.0720 look for further downside with 1.0675 & 1.0630 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
1.0950
1.0910
1.0870
1.0803 Last
1.0720
1.0675
1.0630
Our preference:
long positions above 1.0720 with targets at 1.0870 & 1.0910 in extension.
Alternative scenario:
below 1.0720 look for further downside with 1.0675 & 1.0630 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
1.0950
1.0910
1.0870
1.0803 Last
1.0720
1.0675
1.0630
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%
