EUR/USD Intraday: the upside prevails as long as 1.0430 is support
Feb 19, 2025 7:54 AM
the upside prevails as long as 1.0430 is support
Our pivot point is at 1.0430.
Our preference:
the upside prevails as long as 1.0430 is support
Alternative scenario:
below 1.0430, expect 1.0402 and 1.0385.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0450 and 1.0453).
Supports and resistances:
1.0542 **
1.0525 *
1.0508 **
1.0491
1.0453 last
1.0441
1.0430 **
1.0402 *
1.0385 **
Our preference:
the upside prevails as long as 1.0430 is support
Alternative scenario:
below 1.0430, expect 1.0402 and 1.0385.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0450 and 1.0453).
Supports and resistances:
1.0542 **
1.0525 *
1.0508 **
1.0491
1.0453 last
1.0441
1.0430 **
1.0402 *
1.0385 **
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