EUR/USD Intraday: as long as 1.0356 is support look for 1.0449
Jan 6, 2025 3:24 PM
as long as 1.0356 is support look for 1.0449.
Our pivot point is at 1.0356.
Our preference:
as long as 1.0356 is support look for 1.0449.
Alternative scenario:
below 1.0356, expect 1.0327 and 1.0311.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0365 and 1.0328).
Supports and resistances:
1.0483 **
1.0466 *
1.0449 **
1.0432
1.0379 last
1.0367
1.0356 **
1.0327 *
1.0311 **
Our preference:
as long as 1.0356 is support look for 1.0449.
Alternative scenario:
below 1.0356, expect 1.0327 and 1.0311.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0365 and 1.0328).
Supports and resistances:
1.0483 **
1.0466 *
1.0449 **
1.0432
1.0379 last
1.0367
1.0356 **
1.0327 *
1.0311 **
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Related Instruments
EUR/USD
1.175
0.002
+0.14%
