EUR/USD Intraday: turning up

Apr 16, 2025 3:28 AM

long positions above 1.1265 with targets at 1.1365 & 1.1400 in extension.

Pivot: 1.1265
Our preference:
long positions above 1.1265 with targets at 1.1365 & 1.1400 in extension.
Alternative scenario:
below 1.1265 look for further downside with 1.1230 & 1.1200 as targets.
Comment:
the RSI calls for a new upleg.
Supports and resistances:
1.1435
1.1400
1.1365
1.1326 Last
1.1265
1.1230
1.1200

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