Market Analysis of EURUSD on Monday 14 November 2022

2022-11-14 09:52Source:BtcDana

EUR/USD Intraday: the bias remains bullish.

 

Pivot:

1.0265

 

Our preference:

Long positions above 1.0265 with targets at 1.0370 & 1.0400 in extension.

 

Alternative scenario:

Below 1.0265 look for further downside with 1.0230 & 1.0200 as targets.

 

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

https://asset.onetrader.online/upload/file/1668355200000/1668390792319.png

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