1.0244 is our pivot point.
Our preference: the upside prevails as long as 1.0244 is support.
Alternative scenario: below 1.0244, expect 1.0216 and 1.0199.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0257 and 1.0242). Finally, the EUR/USD has crossed above its upper Bollinger band (1.0273).
Supports and resistances:
1.0362 **
1.0345 *
1.0329 **
1.0312
1.0275 last
1.0255
1.0244 **
1.0216 *
1.0199 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-14-2025 at 16:26 UTC+1
Price reference: 1.0275 last known on 01-14-2025 at 16:26 UTC+1
Investment horizon: INTRADAY
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