Market Analysis of EURUSD on Wednesday 1 December 2021

2021-12-01 10:10Source:BtcDana

EUR/USD Intraday: continuation of the rebound.

 

Pivot:

1.1290

 

Our preference:

Long positions above 1.1290 with targets at 1.1380 & 1.1400 in extension.

 

Alternative scenario:

Below 1.1290 look for further downside with 1.1260 & 1.1235 as targets.

 

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.


Analyst Views Chart


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