EUR/USD Intraday Signal: Range-Bound with Mild Upside Above 1.1520
Analyses:
EUR/USD is currently trading in a sideways range, with the pivot level at 1.1520 acting as a key short-term support. Intraday indicators are mixed, suggesting caution in directional bias. However, as long as the price holds above 1.1520, mild upside is expected toward 1.1590 and 1.1620. A break below 1.1520 could shift momentum in favor of sellers, exposing the 1.1490 and 1.1470 support levels.
Enter: 1.1535
SL: 1.1490
Target A: 1.1590
Target B: 1.1620de Above 1.1520
🔴 Signal Result – EUR/USD
❌ Stop-loss hit at 1.1490, resulting in a -45 pips loss from the entry at 1.1535.
Despite initial consolidation above 1.1520, price action failed to sustain upside momentum and broke below key support.
We’ll continue monitoring EUR/USD for clearer directional setups in upcoming sessions.