Market Analysis of EURUSD on Wednesday 12 January 2022

2022-01-12 10:00Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

1.1340

 

Our preference:

Long positions above 1.1340 with targets at 1.1385 & 1.1400 in extension.

 

Alternative scenario:

Below 1.1340 look for further downside with 1.1325 & 1.1310 as targets.

 

Comment:

The RSI is bullish and calls for further advance.


Analyst Views Chart


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