Market Analysis of EURUSD on Thursday 1 September 2022

2022-09-01 09:53Source:BtcDana

EUR/USD Intraday: consolidation in place.

 

Pivot:

1.0070

 

Our preference:

Short positions below 1.0070 with targets at 1.0010 & 0.9990 in extension.

 

Alternative scenario:

Above 1.0070 look for further upside with 1.0090 & 1.0110 as targets.

 

Comment:

The RSI calls for a drop.

https://asset.onetrader.online/upload/file/1661961600000/1661997234874.png

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