EUR/USD Intraday: rebound towards 1.0586
Nov 20, 2024 7:30 PM
rebound towards 1.0586.
1.0515 is our pivot point.
Our preference:
rebound towards 1.0586.
Alternative scenario:
below 1.0515, expect 1.0489 and 1.0473.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0540 and 1.0570).
Supports and resistances:
1.0618 **
1.0602 *
1.0586 **
1.0570
1.0538 last
1.0525
1.0515 **
1.0489 *
1.0473 **
Our preference:
rebound towards 1.0586.
Alternative scenario:
below 1.0515, expect 1.0489 and 1.0473.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0540 and 1.0570).
Supports and resistances:
1.0618 **
1.0602 *
1.0586 **
1.0570
1.0538 last
1.0525
1.0515 **
1.0489 *
1.0473 **
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Related Instruments
EUR/USD
1.05514
0.00127
+0.12%