EUR/USD Intraday: bullish bias above 1.1320.

Limited Increase
u
2025-05-07 10:11Source:TC

Pivot: 1.1320

Our preference: long positions above 1.1320 with targets at 1.1380 & 1.1400 in extension.

Alternative scenario: below 1.1320 look for further downside with 1.1305 & 1.1280 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

1.1440

1.1400

1.1380

1.1358 Last

1.1320

1.1305

1.1280

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-07-2025 at 10:11 UTC+1

Price reference: 1.1358 last known on 05-07-2025 at 10:11 UTC+1

Investment horizon: INTRADAY

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