Market Analysis of EURUSD on Tuesday 20 August 2024
Time 2024-08-20 04:04:16

EUR/USD Intraday: the upside prevails.

Pivot:

1.1050

Our preference:

Long positions above 1.1050 with targets at 1.1105 & 1.1130 in extension.

Alternative scenario:

Below 1.1050 look for further downside with 1.1030 & 1.1015 as targets.

Comment:

The RSI is bullish and calls for further advance.

source BtcDana