Market Analysis of EURUSD on Friday 14 October 2022

2022-10-14 09:54Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

0.9730

 

Our preference:

Long positions above 0.9730 with targets at 0.9805 & 0.9830 in extension.

 

Alternative scenario:

Below 0.9730 look for further downside with 0.9700 & 0.9670 as targets.

 

Comment:

The RSI is bullish and calls for further advance.

https://asset.onetrader.online/upload/file/1665676800000/1665712480837.png

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