EUR/USD Intraday: the downside prevails as long as 1.1312 is resistance
Apr 15, 2025 8:31 PM
the downside prevails as long as 1.1312 is resistance

Our pivot point is at 1.1312.
Our preference:
the downside prevails as long as 1.1312 is resistance
Alternative scenario:
above 1.1312, look for 1.1342 and 1.1361.
Comment:
the RSI is below its neutrality area at 50. 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 1.1300 and 1.1327).
Supports and resistances:
1.1361 **
1.1342 *
1.1312 **
1.1300
1.1288 last
1.1244
1.1225 **
1.1207 *
1.1189 **
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