EUR/USD intraday: as long as 1.0732 is support look for 1.0820

Our pivot point is at 1.0732.

Our preference: as long as 1.0732 is support look for 1.0820.

Alternative scenario: the downside breakout of 1.0732 would call for 1.0701 and 1.0682.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.0767) but above its 50 period moving average (1.0738).

Supports and resistances:

1.0857 **

1.0839 *

1.0820 **

1.0801

1.0761 last

1.0745

1.0732 **

1.0701 *

1.0682 **

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 03-21-2023 at 19:58 UTC+1

Price reference: 1.0761 last known on 03-21-2023 at 19:58 UTC+1

Investment horizon: INTRADAY