EUR/USD Intraday: rebound towards 1.0468
Dec 23, 2024 8:24 PM
rebound towards 1.0468.
1.0380 is our pivot point.
Our preference:
rebound towards 1.0468.
Alternative scenario:
below 1.0380, expect 1.0350 and 1.0332.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0400) but below its 50 period moving average (1.0419).
Supports and resistances:
1.0504 **
1.0486 *
1.0468 **
1.0450
1.0406 last
1.0392
1.0380 **
1.0350 *
1.0332 **
Our preference:
rebound towards 1.0468.
Alternative scenario:
below 1.0380, expect 1.0350 and 1.0332.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0400) but below its 50 period moving average (1.0419).
Supports and resistances:
1.0504 **
1.0486 *
1.0468 **
1.0450
1.0406 last
1.0392
1.0380 **
1.0350 *
1.0332 **
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