Market Analysis of EURUSD on Wednesday 7 September 2022

2022-09-07 09:46Source:BtcDana

EUR/USD Intraday: towards 0.9840.

 

Pivot:

0.9930

 

Our preference:

Short positions below 0.9930 with targets at 0.9860 & 0.9840 in extension.

 

Alternative scenario:

Above 0.9930 look for further upside with 0.9950 & 0.9970 as targets.

 

Comment:

The RSI is bearish and calls for further decline.

https://asset.onetrader.online/upload/file/1662480000000/1662515210023.png

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