EUR/USD Intraday: rebound towards 1.1081
Sep 9, 2024 7:48 PM
rebound towards 1.1081.

Our pivot point stands at 1.1020.
Our preference:
rebound towards 1.1081.
Alternative scenario:
the downside breakout of 1.1020 would call for 1.0997 and 1.0983.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.1043 and 1.1063).
Supports and resistances:
1.1108 **
1.1095 *
1.1081 **
1.1067
1.1040 last
1.1029
1.1020 **
1.0997 *
1.0983 **
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