EUR/USD Intraday: the downside prevails as long as 1.1098 is resistance
Sep 13, 2024 7:33 PM
the downside prevails as long as 1.1098 is resistance.

Our pivot point stands at 1.1098.
Our preference:
the downside prevails as long as 1.1098 is resistance.
Alternative scenario:
above 1.1098, look for 1.1119 and 1.1131.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1087 and 1.1083).
Supports and resistances:
1.1131 **
1.1119 *
1.1098 **
1.1089
1.1081 last
1.1051
1.1038 **
1.1026 *
1.1013 **
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