EUR/USD Intraday: as long as 1.0838 is support look for 1.0898
EUR/USD (EUR/USD)-0.00255-0.23%
as long as 1.0838 is support look for 1.0898.
![image](https://resource.mistorebox.com/pmsync/images/strategy/20240726/eureur240726212634.gif)
Our pivot point is at 1.0838.
Our preference: as long as 1.0838 is support look for 1.0898.
Alternative scenario: below 1.0838, expect 1.0817 and 1.0804.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.0859) but above its 50 period moving average (1.0855).
Supports and resistances:
1.0923 **
1.0910 *
1.0898 **
1.0885
1.0858 last
1.0847
1.0838 **
1.0817 *
1.0804 **
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