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EUR/USD Intraday: rebound towards 1.0498

Feb 19, 2025 1:45 AM
rebound towards 1.0498
image
Our pivot point is at 1.0419.
Our preference:
rebound towards 1.0498
Alternative scenario:
below 1.0419, expect 1.0392 and 1.0375.
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 below its 20 and 50 period moving average (respectively at 1.0448 and 1.0455).
Supports and resistances:
1.0531 **
1.0514 *
1.0498 **
1.0481
1.0446 last
1.0430
1.0419 **
1.0392 *
1.0375 **
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Related Instruments

EUR/USD
1.04745
-0.00262
-0.25%