EUR/USD Intraday Signal: Watch 1.1690
The EUR/USD Intraday Signal reflects consolidation as price stabilizes above the pivot support at 1.1690. A support base has formed around this level, allowing for temporary stabilization and preserving mild upside potential. As long as price trades above 1.1690, the constructive intraday bias remains intact.
Immediate resistance is located at 1.1730. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the upside objective at 1.1750. Holding above the pivot reinforces the developing recovery structure within the consolidation phase.
Trade Setup:
Enter: Long above 1.1690
Stop-Loss (SL): 1.1675
Target A: 1.1730
Target B: 1.1750