EUR/USD Intraday: the downside prevails as long as 1.1177 is resistance
Sep 30, 2024 5:28 PM
the downside prevails as long as 1.1177 is resistance.

Our pivot point is at 1.1177.
Our preference:
the downside prevails as long as 1.1177 is resistance.
Alternative scenario:
the upside breakout of 1.1177, would call for 1.1202 and 1.1217.
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 1.1174 and 1.1168).
Supports and resistances:
1.1217 **
1.1202 *
1.1177 **
1.1167
1.1155 last
1.1118
1.1102 **
1.1087 *
1.1072 **
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