EUR/USD Intraday: rebound
Jun 14, 2024 7:32 PM
rebound.

1.0687 is our pivot point.
Our preference: rebound.
Alternative scenario: below 1.0687, expect 1.0672 and 1.0663.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (1.0692) but below its 50 period moving average (1.0716).
Supports and resistances:
1.0748 **
1.0739 *
1.0730 **
1.0721
1.0703 last
1.0693
1.0687 **
1.0672 *
1.0663 **
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