EUR/USD Intraday: target 1.1226
Apr 11, 2025 5:21 PM
target 1.1226
Our pivot point is at 1.1329.
Our preference:
target 1.1226
Alternative scenario:
above 1.1329, look for 1.1359 and 1.1378.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1358) but above its 50 period moving average (1.1294).
Supports and resistances:
1.1378 **
1.1359 *
1.1329 **
1.1317
1.1303 last
1.1245
1.1226 **
1.1208 *
1.1190 **
Our preference:
target 1.1226
Alternative scenario:
above 1.1329, look for 1.1359 and 1.1378.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1358) but above its 50 period moving average (1.1294).
Supports and resistances:
1.1378 **
1.1359 *
1.1329 **
1.1317
1.1303 last
1.1245
1.1226 **
1.1208 *
1.1190 **
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Related Instruments
EUR/USD
1.13544
0.00052
+0.05%