Market Analysis of EURUSD on Thursday 28 October 2022

2022-10-28 10:57Source:BtcDana

EUR/USD Intraday: watch 0.9910.

 

Pivot:

1.0010

 

Our preference:

Short positions below 1.0010 with targets at 0.9940 & 0.9910 in extension.

 

Alternative scenario:

Above 1.0010 look for further upside with 1.0040 & 1.0070 as targets.

 

Comment:

The RSI is bearish and calls for further decline.

https://asset.onetrader.online/upload/file/1666886400000/1666925867960.png

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