EUR/USD Intraday: the upside prevails as long as 1.0923 is support
Oct 11, 2024 3:17 PM
the upside prevails as long as 1.0923 is support.

Our pivot point is at 1.0923.
Our preference:
the upside prevails as long as 1.0923 is support.
Alternative scenario:
the downside breakout of 1.0923 would call for 1.0900 and 1.0886.
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 1.0939 and 1.0934).
Supports and resistances:
1.1017 **
1.1003 *
1.0989 **
1.0975
1.0945 last
1.0933
1.0923 **
1.0900 *
1.0886 **
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