EUR/USD Intraday: rebound towards 1.0891
Jul 23, 2024 7:35 PM
rebound towards 1.0891.
Our pivot point stands at 1.0833.
Our preference: rebound towards 1.0891.
Alternative scenario: the downside breakout of 1.0833 would call for 1.0811 and 1.0799.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0855 and 1.0874).
Supports and resistances:
1.0917 **
1.0904 *
1.0891 **
1.0878
1.0851 last
1.0841
1.0833 **
1.0811 *
1.0799 **
Our preference: rebound towards 1.0891.
Alternative scenario: the downside breakout of 1.0833 would call for 1.0811 and 1.0799.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0855 and 1.0874).
Supports and resistances:
1.0917 **
1.0904 *
1.0891 **
1.0878
1.0851 last
1.0841
1.0833 **
1.0811 *
1.0799 **
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
