EUR/USD Intraday: rebound towards 1.0869

1.0824 is our pivot point.

Our preference: rebound towards 1.0869.

Alternative scenario: the downside breakout of 1.0824 would call for 1.0809 and 1.0800.

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 1.0838 and 1.0849).

Supports and resistances:
1.0887 **
1.0878 *
1.0869 **
1.0860
1.0837 last
1.0830
1.0824 **
1.0809 *
1.0800 **