EUR/USD Intraday: the upside prevails as long as 1.0276 is support
Jan 3, 2025 6:41 PM
the upside prevails as long as 1.0276 is support.
Our pivot point is at 1.0276.
Our preference:
the upside prevails as long as 1.0276 is support.
Alternative scenario:
the downside breakout of 1.0276 would call for 1.0248 and 1.0231.
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 1.0293 and 1.0279).
Supports and resistances:
1.0386 **
1.0369 *
1.0352 **
1.0336
1.0301 last
1.0287
1.0276 **
1.0248 *
1.0231 **
Our preference:
the upside prevails as long as 1.0276 is support.
Alternative scenario:
the downside breakout of 1.0276 would call for 1.0248 and 1.0231.
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 1.0293 and 1.0279).
Supports and resistances:
1.0386 **
1.0369 *
1.0352 **
1.0336
1.0301 last
1.0287
1.0276 **
1.0248 *
1.0231 **
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EUR/USD
1.176
0.003
+0.22%
