EUR/USD Intraday: consolidation
Apr 17, 2025 4:44 AM
long positions above 1.1340 with targets at 1.1410 & 1.1435 in extension.
Pivot: 1.1340
Our preference:
long positions above 1.1340 with targets at 1.1410 & 1.1435 in extension.
Alternative scenario:
below 1.1340 look for further downside with 1.1315 & 1.1285 as targets.
Comment:
a support base at 1.1340 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1465
1.1435
1.1410
1.1366 Last
1.1340
1.1315
1.1285
Our preference:
long positions above 1.1340 with targets at 1.1410 & 1.1435 in extension.
Alternative scenario:
below 1.1340 look for further downside with 1.1315 & 1.1285 as targets.
Comment:
a support base at 1.1340 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1465
1.1435
1.1410
1.1366 Last
1.1340
1.1315
1.1285
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