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EUR/USD Intraday: capped by a negative trend line

Mar 26, 2025 10:30 AM
short positions below 1.0810 with targets at 1.0775 & 1.0755 in extension.
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Pivot: 1.0810
Our preference:
short positions below 1.0810 with targets at 1.0775 & 1.0755 in extension.
Alternative scenario:
above 1.0810 look for further upside with 1.0830 & 1.0855 as targets.
Comment:
as long as 1.0810 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0855
1.0830
1.0810
1.0799 Last
1.0775
1.0755
1.0720
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.
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