EUR/USD Intraday: rebound towards 1.1669
May 16, 2026 1:00 AM
rebound towards 1.1669

Our pivot point is at 1.1603.
Our preference:
rebound towards 1.1669
Alternative scenario:
below 1.1603, expect 1.1579 and 1.1565.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1627 and 1.1641).
Supports and resistances:
1.1683 *
1.1669 **
1.1655
1.1626 last
1.1603 **
1.1579 *
1.1565 **
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