EUR/USD Intraday: the upside prevails as long as 1.0719 is support
Jul 2, 2024 5:44 PM
the upside prevails as long as 1.0719 is support.

Our pivot point stands at 1.0719.
Our preference: the upside prevails as long as 1.0719 is support.
Alternative scenario: below 1.0719, expect 1.0700 and 1.0689.
Comment: the RSI is above its neutrality area at 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 1.0728 and 1.0731).
Supports and resistances:
1.0790 **
1.0779 *
1.0769 **
1.0758
1.0733 last
1.0726
1.0719 **
1.0700 *
1.0689 **
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