EUR/USD Intraday: as long as 1.0364 is support look for 1.0440
Jan 6, 2025 8:44 PM
as long as 1.0364 is support look for 1.0440.
1.0364 is our pivot point.
Our preference:
as long as 1.0364 is support look for 1.0440.
Alternative scenario:
the downside breakout of 1.0364 would call for 1.0335 and 1.0319.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.0396) but above its 50 period moving average (1.0349).
Supports and resistances:
1.0473 **
1.0457 *
1.0440 **
1.0423
1.0387 last
1.0375
1.0364 **
1.0335 *
1.0319 **
Our preference:
as long as 1.0364 is support look for 1.0440.
Alternative scenario:
the downside breakout of 1.0364 would call for 1.0335 and 1.0319.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.0396) but above its 50 period moving average (1.0349).
Supports and resistances:
1.0473 **
1.0457 *
1.0440 **
1.0423
1.0387 last
1.0375
1.0364 **
1.0335 *
1.0319 **
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Related Instruments
EUR/USD
1.175
0.002
+0.14%
