EUR/USD Intraday: turning down.

Trading Central 2025-05-20 09:27:05

欧元美元(EURUSD)

Short positions below 1.1260 with targets at 1.1200 & 1.1175 in extension.

Pivot: 1.1260

Our preference: short positions below 1.1260 with targets at 1.1200 & 1.1175 in extension.

Alternative scenario: above 1.1260 look for further upside with 1.1285 & 1.1310 as targets.

Comment: as long as 1.1260 is resistance, likely decline to 1.1200.

Supports and resistances:

1.1310

1.1285

1.1260

1.1227 Last

1.1200

1.1175

1.1150