Market Analysis of EURUSD on Thursday 17 November 2022

2022-11-17 09:49Source:BtcDana

EUR/USD Intraday: bullish bias above 1.0360.

 

Pivot:

1.0360

 

Our preference:

Long positions above 1.0360 with targets at 1.0420 & 1.0440 in extension.

 

Alternative scenario:

Below 1.0360 look for further downside with 1.0340 & 1.0320 as targets.

 

Comment:

The RSI calls for a bounce.

https://asset.onetrader.online/upload/file/1668614400000/1668649777621.png

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