Market Analysis of EURUSD on Thursday 16 December 2021

2021-12-16 09:50Source:BtcDana

EUR/USD Intraday: continuation of the rebound.

 

Pivot:

1.1265

 

Our preference:

Long positions above 1.1265 with targets at 1.1310 & 1.1325 in extension.

 

Alternative scenario:

Below 1.1265 look for further downside with 1.1245 & 1.1230 as targets.

 

Comment:

The RSI advocates for further upside.


Analyst Views Chart


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