EUR/USD intraday: rise to 1.0896
Our pivot point stands at 1.0838.
Our preference: rise to 1.0896.
Alternative scenario: below 1.0838, expect 1.0818 and 1.0806.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0854 and 1.0853).
Supports and resistances:
1.0920 **
1.0908 *
1.0896 **
1.0884
1.0855 last
1.0846
1.0838 **
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