Market Analysis of EURUSD on Tuesday 18 January 2022

2022-01-18 10:10Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.1430

 

Our preference:

Short positions below 1.1430 with targets at 1.1390 & 1.1370 in extension.

 

Alternative scenario:

Above 1.1430 look for further upside with 1.1445 & 1.1460 as targets.

 

Comment:

As long as the resistance at 1.1430 is not surpassed, the risk of the break below 1.1390 remains high.

 

Analyst Views Chart


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