Market Analysis of EURUSD on Monday 15 August 2022

2022-08-15 09:52Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.0290

 

Our preference:

Short positions below 1.0290 with targets at 1.0220 & 1.0200 in extension.

 

Alternative scenario:

Above 1.0290 look for further upside with 1.0310 & 1.0330 as targets.

 

Comment:

The RSI calls for a new downleg.

https://asset.onetrader.online/upload/file/1660492800000/1660528361128.png

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