Market Analysis of EURUSD on Monday 7 March 2022

2022-03-07 09:50Source:BtcDana

EUR/USD Intraday: under pressure.

 

Pivot:

1.0930

 

Our preference:

Short positions below 1.0930 with targets at 1.0810 & 1.0780 in extension.

 

Alternative scenario:

Above 1.0930 look for further upside with 1.0955 & 1.0980 as targets.

 

Comment:

The RSI has broken down its 30 level.


Analyst Views Chart


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