EUR/USD Intraday: rebound towards 1.0463
EUR/USD (EUR/USD)
-0.00595-0.57%
rebound towards 1.0463.
Our pivot point stands at 1.0395.
Our preference: rebound towards 1.0463.
Alternative scenario: the downside breakout of 1.0395 would call for 1.0369 and 1.0354.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1.0413) but under its 50 period moving average (1.0448).
Supports and resistances:
1.0494 **
1.0479 *
1.0463 **
1.0448
1.0416 last
1.0406
1.0395 **
1.0369 *
1.0354 **
Our preference: rebound towards 1.0463.
Alternative scenario: the downside breakout of 1.0395 would call for 1.0369 and 1.0354.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1.0413) but under its 50 period moving average (1.0448).
Supports and resistances:
1.0494 **
1.0479 *
1.0463 **
1.0448
1.0416 last
1.0406
1.0395 **
1.0369 *
1.0354 **
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