EUR/USD Intraday: the upside prevails as long as 1.0413 is support
Feb 20, 2025 6:47 PM
the upside prevails as long as 1.0413 is support
Our pivot point is at 1.0413.
Our preference:
the upside prevails as long as 1.0413 is support
Alternative scenario:
below 1.0413, expect 1.0385 and 1.0368.
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 1.0434 and 1.0428). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.0447).
Supports and resistances:
1.0536 **
1.0519 *
1.0502 **
1.0485
1.0451 last
1.0424
1.0413 **
1.0385 *
1.0368 **
Our preference:
the upside prevails as long as 1.0413 is support
Alternative scenario:
below 1.0413, expect 1.0385 and 1.0368.
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 1.0434 and 1.0428). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.0447).
Supports and resistances:
1.0536 **
1.0519 *
1.0502 **
1.0485
1.0451 last
1.0424
1.0413 **
1.0385 *
1.0368 **
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Related Instruments
EUR/USD
1.04585
-0.00422
-0.40%