EUR/USD –27.05.2025

 

The Euro held above 1.1265 and managed to advance toward 1.1418 yesterday, closing to the resistance of 1.1440.

As we see from the Intraday chart, prices face a trading zone between the support 1.1350 and resistance 1.1440.

Above 1.1440 more advance will be expected with resistance at 1.1575.

Below 1.1350 more of a drop will be expected with the previous support of 1.1265 still protecting the market, which could activate a rebound.

SUPPORT RESISTANCE
LEVEL1 1.1350 1.1440
LEVEL2 1.1265 1.1575
LEVEL3 1.1200 1.1720

The post EUR/USD –27.05.2025 appeared first on Orbex Forex Trading Blog.