EUR/USD Intraday: as long as 1.0393 is support look for 1.0472
Feb 5, 2025 6:47 PM
as long as 1.0393 is support look for 1.0472.
Our pivot point stands at 1.0393.
Our preference:
as long as 1.0393 is support look for 1.0472.
Alternative scenario:
below 1.0393, expect 1.0364 and 1.0347.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0417 and 1.0397).
Supports and resistances:
1.0506 **
1.0489 *
1.0472 **
1.0454
1.0418 last
1.0405
1.0393 **
1.0364 *
1.0347 **
Our preference:
as long as 1.0393 is support look for 1.0472.
Alternative scenario:
below 1.0393, expect 1.0364 and 1.0347.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0417 and 1.0397).
Supports and resistances:
1.0506 **
1.0489 *
1.0472 **
1.0454
1.0418 last
1.0405
1.0393 **
1.0364 *
1.0347 **
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Related Instruments
EUR/USD
1.173
-0.000
-0.02%
