Technical Analysis : EUR/USD 25 May 2021

25 May 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 25 May 2021

Forex Technical Analysis : EURUSD

Date : 25 May 2021

Pivot point : 1.2205

Our preference : long positions above 1.2205 with targets at 1.2240 & 1.2255 in extension.

Alternative scenario : below 1.2205 look for further downside with 1.2190 & 1.2175 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.2270 **
1.2255 *
1.2240
1.2228 – Last price
1.2205
1.2190 *
1.2175 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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