EUR/USD Intraday: as long as 1.1311 is support look for 1.1402
May 21, 2025 3:31 PM
as long as 1.1311 is support look for 1.1402
Our pivot point is at 1.1311.
Our preference:
as long as 1.1311 is support look for 1.1402
Alternative scenario:
below 1.1311, expect 1.1280 and 1.1262.
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 above its 20 and 50 period moving average (respectively at 1.1333 and 1.1307).
Supports and resistances:
1.1439 **
1.1420 *
1.1402 **
1.1384
1.1340 last
1.1323
1.1311 **
1.1280 *
1.1262 **
Our preference:
as long as 1.1311 is support look for 1.1402
Alternative scenario:
below 1.1311, expect 1.1280 and 1.1262.
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 above its 20 and 50 period moving average (respectively at 1.1333 and 1.1307).
Supports and resistances:
1.1439 **
1.1420 *
1.1402 **
1.1384
1.1340 last
1.1323
1.1311 **
1.1280 *
1.1262 **
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EUR/USD
1.14427
0.00969
+0.85%
