Market Analysis of EURUSD on Monday 12 September 2022

2022-09-12 09:55Source:BtcDana

EUR/USD Intraday: the bias remains bullish.

 

Pivot:

1.0045

 

Our preference:

Long positions above 1.0045 with targets at 1.0095 & 1.0110 in extension.

 

Alternative scenario:

Below 1.0045 look for further downside with 1.0030 & 1.0010 as targets.

 

Comment:

The RSI advocates for further advance.

https://asset.onetrader.online/upload/file/1662912000000/1662947733354.png

This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.



More