EUR/USD Intraday Technical Analysis

The pair is currently ranging at the supply zone of around 1.10770 with a bias to the downside, presenting short opportunities.

Should the pair continue this trend, we could see price move to the next support zone (pivot point) of 1.10650.

Should price break the current supply zone and hold above 1.10840, we could see price move higher.

 

Key Resistance Levels:

1.10890

1.10830

1.10770

Pivot:

1.10650

Key Support Levels:

1.10560

1.10505

1.10420

Chart

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