EUR/USD Intraday: the upside prevails as long as 1.1148 is support
Sep 26, 2024 5:44 PM
the upside prevails as long as 1.1148 is support.

Our pivot point stands at 1.1148.
Our preference:
the upside prevails as long as 1.1148 is support.
Alternative scenario:
the downside breakout of 1.1148 would call for 1.1123 and 1.1108.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1155 and 1.1144).
Supports and resistances:
1.1254 **
1.1238 *
1.1223 **
1.1208
1.1176 last
1.1158
1.1148 **
1.1123 *
1.1108 **
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