EOS / Dollar intraday: rebound

Our pivot point is at 0.7356.

Our preference: rebound.

Alternative scenario: the downside breakout of 0.7356 would call for 0.7119 and 0.6979.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.7500) but below its 50 period moving average (0.7597).

Supports and resistances:

0.8246 **

0.8105 *

0.7965 **

0.7824

0.7542 last

0.7449

0.7356 **