EUR/USD Intraday: the downside prevails

Feb 19, 2025 11:34 PM

short positions below 1.0445 with targets at 1.0400 & 1.0385 in extension.

Pivot: 1.0445
Our preference:
short positions below 1.0445 with targets at 1.0400 & 1.0385 in extension.
Alternative scenario:
above 1.0445 look for further upside with 1.0460 & 1.0475 as targets.
Comment:
as long as the resistance at 1.0445 is not surpassed, the risk of the break below 1.0400 remains high.
Supports and resistances:
1.0475
1.0460
1.0445
1.0422 Last
1.0400
1.0385
1.0370

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