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PANDA FINANCE

EUR/USD Intraday: under pressure.

Trading Central 2025-05-09 19:07:06
欧元美元(EURUSD)

Short positions below 1.1260 with targets at 1.1190 & 1.1160 in extension.

Pivot: 1.1260

Our preference: short positions below 1.1260 with targets at 1.1190 & 1.1160 in extension.

Alternative scenario: above 1.1260 look for further upside with 1.1295 & 1.1335 as targets.

Comment: as long as 1.1260 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.1335

1.1295

1.1260

1.1244 Last

1.1190

1.1160

1.1130