EUR/USD Intraday: consolidation
Mar 18, 2025 1:55 AM
long positions above 1.0895 with targets at 1.0940 & 1.0955 in extension.
Pivot: 1.0895
Our preference:
long positions above 1.0895 with targets at 1.0940 & 1.0955 in extension.
Alternative scenario:
below 1.0895 look for further downside with 1.0880 & 1.0865 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0970
1.0955
1.0940
1.0915 Last
1.0895
1.0880
1.0865
Our preference:
long positions above 1.0895 with targets at 1.0940 & 1.0955 in extension.
Alternative scenario:
below 1.0895 look for further downside with 1.0880 & 1.0865 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0970
1.0955
1.0940
1.0915 Last
1.0895
1.0880
1.0865
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
1.172
-0.002
-0.13%
