EUR/USD Intraday: rebound towards 1.0883

1.0843 is our pivot point.

Our preference: rebound towards 1.0883.

Alternative scenario: the downside breakout of 1.0843 would call for 1.0828 and 1.0819.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0856 and 1.0859).

Supports and resistances:
1.0901 **
1.0892 *
1.0883 **
1.0874
1.0855 last
1.0849
1.0843 **
1.0828 *
1.0819 **