EUR/USD Intraday: the upside prevails as long as 1.1375 is support
Apr 29, 2025 5:22 PM
the upside prevails as long as 1.1375 is support
Our pivot point is at 1.1375.
Our preference:
the upside prevails as long as 1.1375 is support
Alternative scenario:
below 1.1375, expect 1.1344 and 1.1326.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1394 and 1.1400).
Supports and resistances:
1.1509 **
1.1490 *
1.1472 **
1.1454
1.1402 last
1.1387
1.1375 **
1.1344 *
1.1326 **
Our preference:
the upside prevails as long as 1.1375 is support
Alternative scenario:
below 1.1375, expect 1.1344 and 1.1326.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1394 and 1.1400).
Supports and resistances:
1.1509 **
1.1490 *
1.1472 **
1.1454
1.1402 last
1.1387
1.1375 **
1.1344 *
1.1326 **
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