Market Analysis of EURUSD on Thursday 27 October 2022

2022-10-27 09:51Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

1.0030

 

Our preference:

Long positions above 1.0030 with targets at 1.0110 & 1.0150 in extension.

 

Alternative scenario:

Below 1.0030 look for further downside with 1.0000 & 0.9970 as targets.

 

Comment:

The RSI is bullish and calls for further advance.

https://asset.onetrader.online/upload/file/1666800000000/1666835498317.png

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