EUR/USD Intraday: as long as 1.0845 is support look for 1.0885

Our pivot point is at 1.0845.

Our preference: as long as 1.0845 is support look for 1.0885.

Alternative scenario: the downside breakout of 1.0845 would call for 1.0830 and 1.0821.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.0857) but above its 50 period moving average (1.0852).

Supports and resistances:
1.0903 **
1.0894 *
1.0885 **
1.0876
1.0857 last
1.0851
1.0845 **
1.0830 *
1.0821 **