EUR/USD Intraday: the upside prevails as long as 1.0549 is support
Nov 29, 2024 7:27 PM
the upside prevails as long as 1.0549 is support.
1.0549 is our pivot point.
Our preference:
the upside prevails as long as 1.0549 is support.
Alternative scenario:
below 1.0549, expect 1.0519 and 1.0502.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0560 and 1.0563).
Supports and resistances:
1.0664 **
1.0646 *
1.0629 **
1.0611
1.0576 last
1.0560
1.0549 **
1.0519 *
1.0502 **
Our preference:
the upside prevails as long as 1.0549 is support.
Alternative scenario:
below 1.0549, expect 1.0519 and 1.0502.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0560 and 1.0563).
Supports and resistances:
1.0664 **
1.0646 *
1.0629 **
1.0611
1.0576 last
1.0560
1.0549 **
1.0519 *
1.0502 **
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