EUR/AUD intraday: the upside prevails as long as 1

EUR/AUD intraday: the upside prevails as long as 1.5343 is support

EURAUD

Trading Central 2021-02-23 18:48:09

Our pivot point stands at 1.5343.

Our preference: the upside prevails as long as 1.5343 is support.

Alternative scenario: below 1.5343, expect 1.5301 and 1.5276.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.5371 and 1.5369).

Supports and resistances:

1.5519 **

1.5494 *

1.5469 **

1.5444

1.5382 last

1.5360

1.5343 **

Disclaimer

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