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EUR/USD Intraday: the downside prevails as long as 1.1145 is resistance

Sep 18, 2024 5:36 PM
the downside prevails as long as 1.1145 is resistance.
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1.1145 is our pivot point.
Our preference:
the downside prevails as long as 1.1145 is resistance.
Alternative scenario:
above 1.1145, look for 1.1168 and 1.1182.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1127 and 1.1123).
Supports and resistances:
1.1182 **
1.1168 *
1.1145 **
1.1136
1.1121 last
1.1089
1.1075 **
1.1061 *
1.1047 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

EUR/USD
1.11611
0.00003
+0.00%