Market Analysis of EURUSD on Friday 11 November 2022

2022-11-11 09:51Source:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

1.0130

 

Our preference:

Long positions above 1.0130 with targets at 1.0240 & 1.0270 in extension.

 

Alternative scenario:

Below 1.0130 look for further downside with 1.0100 & 1.0070 as targets.

 

Comment:

The RSI is bullish and calls for further advance.

https://asset.onetrader.online/upload/file/1668096000000/1668131509674.png

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