Market Analysis of EURUSD on Friday 4 March 2022

2022-03-04 10:45Source:BtcDana

EUR/USD Intraday: under pressure.

 

Pivot:

1.1070

 

Our preference:

Short positions below 1.1070 with targets at 1.1010 & 1.0970 in extension.

 

Alternative scenario:

Above 1.1070 look for further upside with 1.1090 & 1.1110 as targets.

 

Comment:

The RSI is bearish and calls for further downside.


Analyst Views Chart


This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.

More