EUR/USD intraday: as long as 1.0645 is support look for 1.0740

1.0645 is our pivot point.

Our preference: as long as 1.0645 is support look for 1.0740.

Alternative scenario: below 1.0645, expect 1.0610 and 1.0590.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0666 and 1.0649).

Supports and resistances:

1.0781 **

1.0760 *

1.0740 **

1.0719

1.0676 last

1.0658

1.0645 **

1.0610 *

1.0590 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-06-2023 at 21:50 UTC+1

Price reference: 1.0676 last known on 03-06-2023 at 21:50 UTC+1

Investment horizon: INTRADAY