Market Analysis of EURUSD on Monday 7 November 2022

2022-11-07 11:09Source:BtcDana

EUR/USD Intraday: further advance.

 

Pivot:

0.9870

 

Our preference:

Long positions above 0.9870 with targets at 0.9965 & 1.0000 in extension.

 

Alternative scenario:

Below 0.9870 look for further downside with 0.9840 & 0.9810 as targets.

 

Comment:

The RSI is bullish and calls for further upside.

https://asset.onetrader.online/upload/file/1667750400000/1667790765027.png

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