Market Analysis of EURUSD on Friday 16 September 2022

2022-09-16 09:49Source:BtcDana

EUR/USD Intraday: key resistance at 1.0020.

 

Pivot:

1.0020

 

Our preference:

Short positions below 1.0020 with targets at 0.9955 & 0.9940 in extension.

 

Alternative scenario:

Above 1.0020 look for further upside with 1.0040 & 1.0060 as targets.

 

Comment:

As long as the resistance at 1.0020 is not surpassed, the risk of the break below 0.9955 remains high.

https://asset.onetrader.online/upload/file/1663257600000/1663292976972.png

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