Market Analysis of EURUSD on Tuesday 4 October 2022

2022-10-04 09:52Source:BtcDana

EUR/USD Intraday: towards 0.9890.

 

Pivot:

0.9785

 

Our preference:

Long positions above 0.9785 with targets at 0.9855 & 0.9890 in extension.

 

Alternative scenario:

Below 0.9785 look for further downside with 0.9755 & 0.9730 as targets.

 

Comment:

The RSI advocates for further upside.

https://asset.onetrader.online/upload/file/1664812800000/1664848389078.png

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