EUR/USD Intraday: 1.1497 expected
EUR/USD (EUR/USD)
-0.00085-0.07%
The downside prevails as long as 1.1546 is resistance, with 1.1497 and 1.1485 as targets
Our pivot point is at 1.1546.
Our preference: The downside prevails as long as 1.1546 is resistance, with 1.1497 and 1.1485 as targets
Alternative scenario: above 1.1546, look for 1.1566 and 1.1579.
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 (1.1525) but below its 50 period moving average (1.1533).
Supports and resistances:
1.1579 **
1.1566 *
1.1546 **
1.1526 last
1.1497
1.1485 **
1.1472 *
Our preference: The downside prevails as long as 1.1546 is resistance, with 1.1497 and 1.1485 as targets
Alternative scenario: above 1.1546, look for 1.1566 and 1.1579.
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 (1.1525) but below its 50 period moving average (1.1533).
Supports and resistances:
1.1579 **
1.1566 *
1.1546 **
1.1526 last
1.1497
1.1485 **
1.1472 *
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