EUR/USD Intraday: below its lower Bollinger band
Sep 20, 2024 2:41 PM
the downside prevails as long as 1.1165 is resistance.
Our pivot point is at 1.1165.
Our preference:
the downside prevails as long as 1.1165 is resistance.
Alternative scenario:
above 1.1165, look for 1.1188 and 1.1202.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.1162 and 1.1160). Finally, the EUR/USD is trading below its lower Bollinger band (standing at 1.1144).
Supports and resistances:
1.1202 **
1.1188 *
1.1165 **
1.1155
1.1143 last
1.1114
1.1100 **
1.1086 *
1.1072 **
Our preference:
the downside prevails as long as 1.1165 is resistance.
Alternative scenario:
above 1.1165, look for 1.1188 and 1.1202.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.1162 and 1.1160). Finally, the EUR/USD is trading below its lower Bollinger band (standing at 1.1144).
Supports and resistances:
1.1202 **
1.1188 *
1.1165 **
1.1155
1.1143 last
1.1114
1.1100 **
1.1086 *
1.1072 **
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
