EURUSD Analysis 5-May-2025
As long as the parity remains above 1.12, we expect the technical outlook to be positive and declines to provide a buying opportunity. If 1.1420 is exceeded above, 1.15 can be targeted. The current positive outlook here will be disrupted if 1.12 is broken.
Resistance | 1.1350 | 1.1420 | 1.1500 |
Support | 1.1250 | 1.1200 | 1.1130 |