EUR/USD Intraday: the upside prevails as long as 1.0957 is support
Oct 7, 2024 3:39 PM
the upside prevails as long as 1.0957 is support.
1.0957 is our pivot point.
Our preference:
the upside prevails as long as 1.0957 is support.
Alternative scenario:
below 1.0957, expect 1.0936 and 1.0924.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0971 and 1.0970).
Supports and resistances:
1.1040 **
1.1028 *
1.1015 **
1.1003
1.0977 last
1.0965
1.0957 **
1.0936 *
1.0924 **
Our preference:
the upside prevails as long as 1.0957 is support.
Alternative scenario:
below 1.0957, expect 1.0936 and 1.0924.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0971 and 1.0970).
Supports and resistances:
1.1040 **
1.1028 *
1.1015 **
1.1003
1.0977 last
1.0965
1.0957 **
1.0936 *
1.0924 **
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Related Instruments
EUR/USD
1.18217
0.0041199999999999015
+35.00%
