Technical Analysis : EUR/USD 16 May 2025

Forex Technical Analysis : EURUSD

Date : 16 May 2025

Momentum : Up

First Scenario : long positions above 1.11970 with targets at 1.12237, 1.12429 and 1.12658

Second Scenario : short positions below 1.11970 with targets at 1.11704, 1.11487 and 1.11245

Comment : There is no clear trend in the price movement.

Supports and resistances :

1.12658 **
1.12429 *
1.12237
1.12091 - Last price
1.11704
1.11487 *
1.11245 **

Warning : This information is not a buy-sell signal.