EUR/USD Intraday: bullish bias above 1.1600.

EURUSD

Trading Central 2025-07-17 09:31:06

Pivot: 1.1600

Our preference: long positions above 1.1600 with targets at 1.1660 & 1.1685 in extension.

Alternative scenario: below 1.1600 look for further downside with 1.1565 & 1.1530 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1.1720

1.1685

1.1660

1.1623 Last

1.1600

1.1565

1.1530

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