Market Analysis of EURUSD on Thursday 5 January 2022

2022-01-05 10:50Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.1305

 

Our preference:

Short positions below 1.1305 with targets at 1.1270 & 1.1255 in extension.

 

Alternative scenario:

Above 1.1305 look for further upside with 1.1320 & 1.1335 as targets.

 

Comment:

The RSI calls for a new downleg.

 

Analyst Views Chart


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