EUR/USD Intraday: the upside prevails as long as 1.0700 is support
Jun 28, 2024 5:08 PM
the upside prevails as long as 1.0700 is support.

1.0700 is our pivot point.
Our preference: the upside prevails as long as 1.0700 is support.
Alternative scenario: the downside breakout of 1.0700 would call for 1.0683 and 1.0673.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0704 and 1.0701).
Supports and resistances:
1.0771 **
1.0762 *
1.0752 **
1.0742
1.0716 last
1.0707
1.0700 **
1.0683 *
1.0673 **
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