EUR/USD Intraday: Expect 1.1634
EUR/USD (EUR/USD)+0.00048+0.04%
The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Our pivot point is at 1.1685.
Our preference: The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets
Alternative scenario: above 1.1685, look for 1.1707 and 1.1720.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.1664) but below its 50 period moving average (1.1670).
Supports and resistances:
1.1720 **
1.1707 *
1.1685 **
1.1665 last
1.1634
1.1621 **
1.1608 *
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.