EUR/USD Intraday: as long as 1.1496 is support look for 1.1586
Jun 20, 2025 4:49 PM
as long as 1.1496 is support look for 1.1586

Our pivot point is at 1.1496.
Our preference:
as long as 1.1496 is support look for 1.1586
Alternative scenario:
below 1.1496, expect 1.1464 and 1.1446.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1519 and 1.1509). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.1530).
Supports and resistances:
1.1624 **
1.1605 *
1.1586 **
1.1568
1.1531 last
1.1508
1.1496 **
1.1464 *
1.1446 **
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