Market Analysis of EURUSD on Tuesday 22 November 2022

2022-11-22 09:51Source:BtcDana

EUR/USD Intraday: under pressure.

 

Pivot:

1.0260

 

Our preference:

Short positions below 1.0260 with targets at 1.0220 & 1.0200 in extension.

 

Alternative scenario:

Above 1.0260 look for further upside with 1.0280 & 1.0305 as targets.

 

Comment:

As long as the resistance at 1.0260 is not surpassed, the risk of the break below 1.0220 remains high.

https://asset.onetrader.online/upload/file/1669046400000/1669081893912.png

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