EUR/USD Intraday: as long as 1.0995 is support look for 1.1088
Apr 3, 2025 6:13 PM
as long as 1.0995 is support look for 1.1088
Our pivot point is at 1.0995.
Our preference:
as long as 1.0995 is support look for 1.1088
Alternative scenario:
below 1.0995, expect 1.0966 and 1.0948.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1057) but above its 50 period moving average (1.0957).
Supports and resistances:
1.1123 **
1.1106 *
1.1088 **
1.1070
1.1025 last
1.1007
1.0995 **
1.0966 *
1.0948 **
Our preference:
as long as 1.0995 is support look for 1.1088
Alternative scenario:
below 1.0995, expect 1.0966 and 1.0948.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1.1057) but above its 50 period moving average (1.0957).
Supports and resistances:
1.1123 **
1.1106 *
1.1088 **
1.1070
1.1025 last
1.1007
1.0995 **
1.0966 *
1.0948 **
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Related Instruments
EUR/USD
1.09887
-0.00623
-0.56%