EUR/USD Intraday: rebound towards 1.0721
Jun 26, 2024 6:08 PM
rebound towards 1.0721.

Our pivot point stands at 1.0669.
Our preference: rebound towards 1.0721.
Alternative scenario: below 1.0669, expect 1.0652 and 1.0642.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0685) but below its 50 period moving average (1.0700).
Supports and resistances:
1.0741 **
1.0731 *
1.0721 **
1.0711
1.0686 last
1.0676
1.0669 **
1.0652 *
1.0642 **
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