Market Analysis of EURUSD on Thursday 20 January 2022

2022-01-20 11:05Source:BtcDana

EUR/USD Intraday: the bias remains bullish.

 

Pivot:

1.1325

 

Our preference:

Long positions above 1.1325 with targets at 1.1360 & 1.1375 in extension.

 

Alternative scenario:

Below 1.1325 look for further downside with 1.1310 & 1.1295 as targets.

 

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.



Analyst Views Chart


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