EUR/USD Intraday: further advance

Apr 16, 2025 4:49 AM

long positions above 1.1270 with targets at 1.1400 & 1.1435 in extension.

Pivot: 1.1270
Our preference:
long positions above 1.1270 with targets at 1.1400 & 1.1435 in extension.
Alternative scenario:
below 1.1270 look for further downside with 1.1235 & 1.1200 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
1.1470
1.1435
1.1400
1.1336 Last
1.1270
1.1235
1.1200

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