EUR/USD Intraday: under pressure

Mar 12, 2025 6:53 AM

short positions below 1.0940 with targets at 1.0860 & 1.0835 in extension.

Pivot: 1.0940
Our preference:
short positions below 1.0940 with targets at 1.0860 & 1.0835 in extension.
Alternative scenario:
above 1.0940 look for further upside with 1.0965 & 1.0985 as targets.
Comment:
the RSI calls for a new downleg.
Supports and resistances:
1.0985
1.0965
1.0940
1.0897 Last
1.0860
1.0835
1.0810

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