EUR/USD Intraday: consolidation in place

Mar 21, 2025 11:03 AM

short positions below 1.0865 with targets at 1.0800 & 1.0780 in extension.

Pivot: 1.0865
Our preference:
short positions below 1.0865 with targets at 1.0800 & 1.0780 in extension.
Alternative scenario:
above 1.0865 look for further upside with 1.0895 & 1.0915 as targets.
Comment:
as long as 1.0865 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0915
1.0895
1.0865
1.0837 Last
1.0800
1.0780
1.0760

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