Market Analysis of EURUSD on Monday 19 August 2024
Time 2024-08-19 04:08:10

EUR/USD Intraday: further advance.

Pivot:

1.1000

Our preference:

Long positions above 1.1000 with targets at 1.1045 & 1.1060 in extension.

Alternative scenario:

Below 1.1000 look for further downside with 1.0985 & 1.0970 as targets.

Comment:

The RSI is bullish and calls for further upside.

source BtcDana