EUR/USD Intraday: as long as 1.1067 is support look for 1.1129
Sep 13, 2024 3:41 PM
as long as 1.1067 is support look for 1.1129.
Our pivot point stands at 1.1067.
Our preference:
as long as 1.1067 is support look for 1.1129.
Alternative scenario:
the downside breakout of 1.1067 would call for 1.1046 and 1.1033.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.1088) but above its 50 period moving average (1.1077).
Supports and resistances:
1.1154 **
1.1142 *
1.1129 **
1.1117
1.1087 last
1.1075
1.1067 **
1.1046 *
1.1033 **
Our preference:
as long as 1.1067 is support look for 1.1129.
Alternative scenario:
the downside breakout of 1.1067 would call for 1.1046 and 1.1033.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.1088) but above its 50 period moving average (1.1077).
Supports and resistances:
1.1154 **
1.1142 *
1.1129 **
1.1117
1.1087 last
1.1075
1.1067 **
1.1046 *
1.1033 **
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