EUR/USD Intraday: the downside prevails as long as 1.0914 is resistance
Jul 15, 2024 7:44 PM
the downside prevails as long as 1.0914 is resistance.

Our pivot point stands at 1.0914.
Our preference: the downside prevails as long as 1.0914 is resistance.
Alternative scenario: above 1.0914, look for 1.0933 and 1.0944.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0907 and 1.0900).
Supports and resistances:
1.0944 **
1.0933 *
1.0914 **
1.0907
1.0897 last
1.0874
1.0863 **
1.0852 *
1.0841 **
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