EUR/USD Intraday: rebound towards 1.1794
Sep 24, 2025 7:30 PM
rebound towards 1.1794

Our pivot point is at 1.1708.
Our preference:
rebound towards 1.1794
Alternative scenario:
below 1.1708, expect 1.1676 and 1.1657.
Comment:
the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). 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 1.1743 and 1.1778).
Supports and resistances:
1.1831 **
1.1813 *
1.1794 **
1.1775
1.1734 last
1.1720
1.1708 **
1.1676 *
1.1657 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.