Market Analysis of EURUSD on Tuesday 16 August 2022

2022-08-16 09:53Source:BtcDana

EUR/USD Intraday: under pressure.

 

Pivot:

1.0200

 

Our preference:

Short positions below 1.0200 with targets at 1.0130 & 1.0100 in extension.

 

Alternative scenario:

Above 1.0200 look for further upside with 1.0230 & 1.0260 as targets.

 

Comment:

The RSI calls for a new downleg.

https://asset.onetrader.online/upload/file/1660579200000/1660614838742.png

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