EUR/USD Intraday: the upside prevails as long as 1.1148 is support
Aug 23, 2024 4:50 PM
the upside prevails as long as 1.1148 is support.

Our pivot point is at 1.1148.
Our preference:
the upside prevails as long as 1.1148 is support.
Alternative scenario:
below 1.1148, expect 1.1126 and 1.1112.
Comment:
the RSI is above 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 1.1135 and 1.1124).
Supports and resistances:
1.1242 **
1.1228 *
1.1215 **
1.1201
1.1167 last
1.1157
1.1148 **
1.1126 *
1.1112 **
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