EUR/USD Intraday: as long as 1.1540 is support look for 1.1632
EUR/USD (EUR/USD)
-0.00162-0.14%
as long as 1.1540 is support look for 1.1632
Our pivot point is at 1.1540.
Our preference: as long as 1.1540 is support look for 1.1632
Alternative scenario: below 1.1540, expect 1.1509 and 1.1490.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1576) but above its 50 period moving average (1.1533).
Supports and resistances:
1.1669 **
1.1651 *
1.1632 **
1.1613
1.1567 last
1.1552
1.1540 **
1.1509 *
1.1490 **
Our preference: as long as 1.1540 is support look for 1.1632
Alternative scenario: below 1.1540, expect 1.1509 and 1.1490.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1576) but above its 50 period moving average (1.1533).
Supports and resistances:
1.1669 **
1.1651 *
1.1632 **
1.1613
1.1567 last
1.1552
1.1540 **
1.1509 *
1.1490 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
