EUR/USD Intraday: rebound towards 1.0464
EUR/USD (EUR/USD)
-0.00595-0.57%
rebound towards 1.0464.
Our pivot point stands at 1.0394.
Our preference: rebound towards 1.0464.
Alternative scenario: the downside breakout of 1.0394 would call for 1.0367 and 1.0352.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0412) but below its 50 period moving average (1.0444).
Supports and resistances:
1.0495 **
1.0480 *
1.0464 **
1.0449
1.0416 last
1.0404
1.0394 **
1.0367 *
1.0352 **
Our preference: rebound towards 1.0464.
Alternative scenario: the downside breakout of 1.0394 would call for 1.0367 and 1.0352.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0412) but below its 50 period moving average (1.0444).
Supports and resistances:
1.0495 **
1.0480 *
1.0464 **
1.0449
1.0416 last
1.0404
1.0394 **
1.0367 *
1.0352 **
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