EUR/USD Intraday: as long as 1.0732 is support look for 1.0776
Jun 19, 2024 5:24 PM
as long as 1.0732 is support look for 1.0776.

1.0732 is our pivot point.
Our preference: as long as 1.0732 is support look for 1.0776.
Alternative scenario: the downside breakout of 1.0732 would call for 1.0716 and 1.0706.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0745 and 1.0740).
Supports and resistances:
1.0796 **
1.0786 *
1.0776 **
1.0767
1.0746 last
1.0739
1.0732 **
1.0716 *
1.0706 **
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