Market Analysis of EURUSD on Tuesday 8 November 2022

2022-11-08 07:15Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

0.9965

 

Our preference:

Long positions above 0.9965 with targets at 1.0050 & 1.0080 in extension.

 

Alternative scenario:

Below 0.9965 look for further downside with 0.9930 & 0.9900 as targets.

 

Comment:

The RSI advocates for further advance.

https://asset.onetrader.online/upload/file/1667836800000/1667871924798.png

This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.



More