EUR/USD Intraday: under pressure below 1.1150
Sep 19, 2024 2:18 PM
under pressure below 1.1150.
Our pivot point stands at 1.1150.
Our preference:
under pressure below 1.1150.
Alternative scenario:
the upside breakout of 1.1150, would call for 1.1173 and 1.1188.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1146 and 1.1128).
Supports and resistances:
1.1188 **
1.1173 *
1.1150 **
1.1141
1.1118 last
1.1089
1.1075 **
1.1061 *
1.1047 **
Our preference:
under pressure below 1.1150.
Alternative scenario:
the upside breakout of 1.1150, would call for 1.1173 and 1.1188.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1146 and 1.1128).
Supports and resistances:
1.1188 **
1.1173 *
1.1150 **
1.1141
1.1118 last
1.1089
1.1075 **
1.1061 *
1.1047 **
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EUR/USD
1.11595
-0.00013
-0.01%