Market Analysis of EURUSD on Wednesday 14 September 2022

2022-09-14 09:57Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.0020

 

Our preference:

Short positions below 1.0020 with targets at 0.9930 & 0.9900 in extension.

 

Alternative scenario:

Above 1.0020 look for further upside with 1.0045 & 1.0070 as targets.

 

Comment:

The RSI has broken down its 30 level.

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