EUR/USD Intraday: further advance

Apr 16, 2025 10:53 AM

long positions above 1.1310 with targets at 1.1420 & 1.1475 in extension.

Pivot: 1.1310
Our preference:
long positions above 1.1310 with targets at 1.1420 & 1.1475 in extension.
Alternative scenario:
below 1.1310 look for further downside with 1.1265 & 1.1240 as targets.
Comment:
the RSI is mixed with a bullish bias.
Supports and resistances:
1.1500
1.1475
1.1420
1.1364 Last
1.1310
1.1265
1.1240

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