EUR/USD intraday: rebound towards 1.0727

Limited Increase
u
2024-04-26 21:47Source:TC

Our pivot point stands at 1.0684.

Our preference: rebound towards 1.0727.

Alternative scenario: below 1.0684, expect 1.0669 and 1.0660.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0703 and 1.0719).

Supports and resistances:

1.0745 **

1.0736 *

1.0727 **

1.0718

1.0697 last

1.0690

1.0684 **

1.0669 *

1.0660 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-26-2024 at 21:47 UTC+1

Price reference: 1.0697 last known on 04-26-2024 at 21:47 UTC+1

Investment horizon: INTRADAY

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