EUR/USD Intraday: the upside prevails as long as 1.1109 is support
Sep 18, 2024 7:26 PM
the upside prevails as long as 1.1109 is support.
1.1109 is our pivot point.
Our preference:
the upside prevails as long as 1.1109 is support.
Alternative scenario:
below 1.1109, expect 1.1086 and 1.1072.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1130 and 1.1125).
Supports and resistances:
1.1220 **
1.1206 *
1.1192 **
1.1178
1.1141 last
1.1119
1.1109 **
1.1086 *
1.1072 **
Our preference:
the upside prevails as long as 1.1109 is support.
Alternative scenario:
below 1.1109, expect 1.1086 and 1.1072.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1130 and 1.1125).
Supports and resistances:
1.1220 **
1.1206 *
1.1192 **
1.1178
1.1141 last
1.1119
1.1109 **
1.1086 *
1.1072 **
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EUR/USD
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-0.00002
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