EUR/USD Intraday: as long as 1.1432 is resistance look for 1.1327
Apr 29, 2025 3:13 PM
as long as 1.1432 is resistance look for 1.1327
Our pivot point is at 1.1432.
Our preference:
as long as 1.1432 is resistance look for 1.1327
Alternative scenario:
above 1.1432, look for 1.1463 and 1.1481.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1391 and 1.1398).
Supports and resistances:
1.1481 **
1.1463 *
1.1432 **
1.1420
1.1383 last
1.1345
1.1327 **
1.1308 *
1.1290 **
Our preference:
as long as 1.1432 is resistance look for 1.1327
Alternative scenario:
above 1.1432, look for 1.1463 and 1.1481.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1391 and 1.1398).
Supports and resistances:
1.1481 **
1.1463 *
1.1432 **
1.1420
1.1383 last
1.1345
1.1327 **
1.1308 *
1.1290 **
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Related Instruments
EUR/USD
1.13243
-0.00029
-0.03%