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EUR/USD Intraday: eye 1.0498

Nov 15, 2024 5:42 PM
eye 1.0498.
image
Our pivot point is at 1.0573.
Our preference:
eye 1.0498.
Alternative scenario:
the upside breakout of 1.0573, would call for 1.0600 and 1.0617.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (1.0560) but above its 50 period moving average (1.0548).
Supports and resistances:
1.0617 **
1.0600 *
1.0573 **
1.0562
1.0551 last
1.0514
1.0498 **
1.0481 *
1.0465 **
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.

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