Market Analysis of EURUSD on Thursday 3 March 2022

2022-03-03 10:00Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.1160

 

Our preference:

Short positions below 1.1160 with targets at 1.1090 & 1.1070 in extension.

 

Alternative scenario:

Above 1.1160 look for further upside with 1.1180 & 1.1200 as targets.

 

Comment:

As long as the resistance at 1.1160 is not surpassed, the risk of the break below 1.1090 remains high.


Analyst Views Chart


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