EUR/USD Intraday: The upside prevails as long as 1.1586 is support
Sep 3, 2026 7:40 AM
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets

Our pivot point is at 1.1586.
Our preference:
The upside prevails as long as 1.1586 is support, with 1.1641 and 1.1655 as targets
Alternative scenario:
below 1.1586, expect 1.1563 and 1.1550.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.1593 and 1.1587).
Supports and resistances:
1.1668 *
1.1655 **
1.1641
1.1605 last
1.1586 **
1.1563 *
1.1550 **
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