EUR/USD Intraday: as long as 1.1016 is support look for 1.1122
Apr 9, 2025 4:03 PM
as long as 1.1016 is support look for 1.1122

Our pivot point is at 1.1016.
Our preference:
as long as 1.1016 is support look for 1.1122
Alternative scenario:
below 1.1016, expect 1.0986 and 1.0968.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1046) but above its 50 period moving average (1.1008).
Supports and resistances:
1.1157 **
1.1139 *
1.1122 **
1.1104
1.1040 last
1.1028
1.1016 **
1.0986 *
1.0968 **
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