EUR/USD intraday : as long as 1.1919 is resistance look for 1.1764

Our pivot point is at 1.1919.

Our preference: as long as 1.1919 is resistance look for 1.1764

Alternative scenario: above 1.1919, look for 1.1951 and 1.1970.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1848 and 1.1854).

Supports and resistances:

1.1970 **

1.1951 *

1.1919 **

1.1906

1.1835 last

1.1783

1.1764 **