Market Analysis of EURUSD on Friday 7 January 2022

2022-01-07 10:05Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.1325

 

Our preference:

Short positions below 1.1325 with targets at 1.1270 & 1.1250 in extension.

 

Alternative scenario:

Above 1.1325 look for further upside with 1.1345 & 1.1365 as targets.

 

Comment:

The RSI advocates for further decline.



Analyst Views Chart


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