Market Analysis of EURUSD on Monday 21 November 2022

2022-11-21 09:47Source:BtcDana

EUR/USD Intraday: the downside prevails.

 

Pivot:

1.0355

 

Our preference:

Short positions below 1.0355 with targets at 1.0300 & 1.0285 in extension.

 

Alternative scenario:

Above 1.0355 look for further upside with 1.0375 & 1.0395 as targets.

 

Comment:

Technically the RSI is below its neutrality area at 50.

https://asset.onetrader.online/upload/file/1668960000000/1668995298916.png

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