EUR/USD Intraday: as long as 1.0945 is support look for 1.1025
Aug 5, 2024 3:27 PM
as long as 1.0945 is support look for 1.1025.

Our pivot point is at 1.0945.
Our preference: as long as 1.0945 is support look for 1.1025.
Alternative scenario: below 1.0945, expect 1.0923 and 1.0910.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0954 and 1.0932).
Supports and resistances:
1.1051 **
1.1038 *
1.1025 **
1.1012
1.0964 last
1.0953
1.0945 **
1.0923 *
1.0910 **
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