EUR/USD Intraday: the RSI is oversold

1.0510 is our pivot point.
Our preference:
the downside prevails as long as 1.0510 is resistance.
Alternative scenario:
above 1.0510, look for 1.0541 and 1.0559.
Comment:
the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). 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 1.0483 and 1.0492). Finally, the EUR/USD has penetrated its lower Bollinger band (1.0446).
Supports and resistances:
1.0559 **
1.0541 *
1.0510 **
1.0499
1.0414 last
1.0376
1.0359 **
1.0341 *
1.0323 **