EUR/USD intraday : rebound towards 1.1575

Our pivot point is at 1.1488.

Our preference: rebound towards 1.1575

Alternative scenario: below 1.1488, expect 1.1457 and 1.1438.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.1511) but below its 50 period moving average (1.1524).

Supports and resistances:

1.1612 **

1.1594 *

1.1575 **

1.1557

1.1514 last

1.1500

1.1488 **