EUR/USD Intraday: as long as 1.1624 is resistance look for 1.1556
May 23, 2026 3:01 AM
as long as 1.1624 is resistance look for 1.1556

Our pivot point is at 1.1624.
Our preference:
as long as 1.1624 is resistance look for 1.1556
Alternative scenario:
above 1.1624, look for 1.1648 and 1.1662.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (1.1605) but below its 50 period moving average (1.1609).
Supports and resistances:
1.1662 **
1.1648 *
1.1624 **
1.1606 last
1.1570
1.1556 **
1.1542 *
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