Market Analysis of EURUSD on Wednesday 9 November 2022

2022-11-09 09:45Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

1.0010

 

Our preference:

Long positions above 1.0010 with targets at 1.0120 & 1.0160 in extension.

 

Alternative scenario:

Below 1.0010 look for further downside with 0.9970 & 0.9920 as targets.

 

Comment:

The RSI is bullish and calls for further upside.

https://asset.onetrader.online/upload/file/1667923200000/1667958371434.png

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