EUR/USD Intraday Signal: Further Upside Expected Above 1.1635
The EUR/USD pair is maintaining a bullish intraday structure, supported by strong momentum above the pivot level at 1.1635. Price action suggests that buyers remain in control, targeting 1.1680 and 1.1700 as the next upside objectives.
The RSI remains positioned above its neutrality zone at 50, confirming bullish momentum and favoring additional upward movement. The MACD indicator also supports this view, as it trades above its signal line and shows positive histogram expansion — a classic sign of sustained buying pressure. Furthermore, price currently trades above both the 20- and 50-period moving averages, reflecting a firm uptrend structure in the short term.
As long as 1.1635 holds as intraday support, the path of least resistance remains to the upside. A clean break above 1.1680 could accelerate gains toward 1.1700, while a drop below 1.1635 would signal a potential correction toward 1.1615 and 1.1600. Traders should monitor these levels closely for breakout confirmation.
Enter: Long above 1.1635
Stop-Loss (SL): 1.1615
Target A: 1.1680
Target B: 1.1700
