EUR/USD Intraday: the upside prevails.
Pivot: 1.1165
Our preference: long positions above 1.1165 with targets @ 1.1275 & 1.1320 in extension.
Alternative scenario: below 1.1165 look for further downside with 1.1125 & 1.1055 as targets.
Comment: the RSI is well directed.
Chart Caption | ||
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Green Lines Represent Resistances | |
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Red Lines Represent Support Levels | |
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Light Blue is a Pivot Point | |
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Black represents the price when the report was produced |
Source: www.orbex.com