EUR/USD Intraday Signal: Bearish Momentum as Long as 1.1600 Holds
Analyses:
EUR/USD is trading below the key resistance at 1.1600, keeping the pair under bearish pressure. The market is likely to remain choppy but with a downward bias while below this level. If sellers maintain control, downside targets at 1.1520 and 1.1490 are expected. A break above 1.1600 would shift the momentum, opening the way toward 1.1645 and 1.1665.
Enter: 1.1585
SL: 1.1645
Target A: 1.1520
Target B: 1.1490
🟢 Signal Result – EUR/USD
🎯 Target A reached at 1.1520, delivering a +65 pips profit from the entry at 1.1585.
The trade was fully closed at Target A, in accordance with the planned risk strategy.
No further position held toward Target B due to market conditions and risk preference.
We will continue to monitor EUR/USD for potential new bearish opportunities.