EUR/USD Intraday: capped by a negative trend line

Feb 18, 2025 11:43 PM

short positions below 1.0465 with targets at 1.0435 & 1.0415 in extension.

Pivot: 1.0465
Our preference:
short positions below 1.0465 with targets at 1.0435 & 1.0415 in extension.
Alternative scenario:
above 1.0465 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
as long as the resistance at 1.0465 is not surpassed, the risk of the break below 1.0435 remains high.
Supports and resistances:
1.0505
1.0485
1.0465
1.0446 Last
1.0435
1.0415
1.0400

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