EUR/USD Intraday: 1.1277 in sight
EUR/USD (EUR/USD)
+0.00106+0.09%
In spite of the current correction, a rebound near 1.1288 is expected as long as 1.1237 is still intact
Our pivot point is at 1.1237.
Our preference: In spite of the current correction, a rebound near 1.1288 is expected as long as 1.1237 is still intact
Alternative scenario: below 1.1237, expect 1.1218 and 1.1207.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price stands above its 20 period moving average (1.1248) but below its 50 period moving average (1.1258).
Supports and resistances:
1.1299 *
1.1288 **
1.1277
1.1255 last
1.1237 **
1.1218 *
1.1207 **
Our preference: In spite of the current correction, a rebound near 1.1288 is expected as long as 1.1237 is still intact
Alternative scenario: below 1.1237, expect 1.1218 and 1.1207.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price stands above its 20 period moving average (1.1248) but below its 50 period moving average (1.1258).
Supports and resistances:
1.1299 *
1.1288 **
1.1277
1.1255 last
1.1237 **
1.1218 *
1.1207 **
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