EUR/USD Intraday: Expect 1.1578
EUR/USD (EUR/USD)
-0.00014-0.01%
The upside prevails as long as 1.1522 is support, with 1.1578 and 1.1592 as targets
Our pivot point is at 1.1522.
Our preference: The upside prevails as long as 1.1522 is support, with 1.1578 and 1.1592 as targets
Alternative scenario: below 1.1522, expect 1.1499 and 1.1485.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.1554) but above its 50 period moving average (1.1547).
Supports and resistances:
1.1606 *
1.1592 **
1.1578
1.1550 last
1.1522 **
1.1499 *
1.1485 **
Our preference: The upside prevails as long as 1.1522 is support, with 1.1578 and 1.1592 as targets
Alternative scenario: below 1.1522, expect 1.1499 and 1.1485.
Comment: The MACD is below its signal line and positive. The price is below its 20 period moving average (1.1554) but above its 50 period moving average (1.1547).
Supports and resistances:
1.1606 *
1.1592 **
1.1578
1.1550 last
1.1522 **
1.1499 *
1.1485 **
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