EUR/USD Intraday: Watch 1.1591
EUR/USD (EUR/USD)
-0.00052-0.04%
The upside prevails as long as 1.1533 is support, with 1.1591 and 1.1605 as targets
Our pivot point is at 1.1533.
Our preference: The upside prevails as long as 1.1533 is support, with 1.1591 and 1.1605 as targets
Alternative scenario: below 1.1533, expect 1.1510 and 1.1496.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.1555) but above its 50 period moving average (1.1555).
Supports and resistances:
1.1619 *
1.1605 **
1.1591
1.1555 last
1.1533 **
1.1510 *
1.1496 **
Our preference: The upside prevails as long as 1.1533 is support, with 1.1591 and 1.1605 as targets
Alternative scenario: below 1.1533, expect 1.1510 and 1.1496.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.1555) but above its 50 period moving average (1.1555).
Supports and resistances:
1.1619 *
1.1605 **
1.1591
1.1555 last
1.1533 **
1.1510 *
1.1496 **
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