EUR/USD Intraday: the upside prevails as long as 1.0808 is support

Our pivot point is at 1.0808.

Our preference: the upside prevails as long as 1.0808 is support.

Alternative scenario: below 1.0808, expect 1.0792 and 1.0783.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0812 and 1.0797).

Supports and resistances:
1.0868 **
1.0859 *
1.0850 **
1.0840
1.0820 last
1.0814
1.0808 **
1.0792 *
1.0783 **