EUR/USD Intraday: under pressure below 1.0925
Oct 15, 2024 4:03 PM
under pressure below 1.0925.

Our pivot point stands at 1.0925.
Our preference:
under pressure below 1.0925.
Alternative scenario:
the upside breakout of 1.0925, would call for 1.0948 and 1.0962.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0904 and 1.0903).
Supports and resistances:
1.0962 **
1.0948 *
1.0925 **
1.0916
1.0900 last
1.0872
1.0859 **
1.0845 *
1.0831 **
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