Market Analysis of EURUSD on Friday 2 September 2022

2022-09-02 09:53Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

0.9980

 

Our preference:

Short positions below 0.9980 with targets at 0.9910 & 0.9890 in extension.

 

Alternative scenario:

Above 0.9980 look for further upside with 1.0000 & 1.0020 as targets.

 

Comment:

The RSI is bearish and calls for further downside.

https://asset.onetrader.online/upload/file/1662048000000/1662083632507.png

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