Market Analysis of EURUSD on Tuesday 30 August 2022

2022-08-30 09:58Source:BtcDana

EUR/USD Intraday: towards 1.0050.

 

Pivot:

0.9980

 

Our preference:

Long positions above 0.9980 with targets at 1.0030 & 1.0050 in extension.

 

Alternative scenario:

Below 0.9980 look for further downside with 0.9960 & 0.9940 as targets.

 

Comment:

The RSI calls for a new upleg.

https://asset.onetrader.online/upload/file/1661788800000/1661824756850.png

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