Market Analysis of EURUSD on Thursday 22 August 2024
Time 2024-08-22 04:02:03

EUR/USD Intraday: 1.1200 in sight.

Pivot:

1.1120

Our preference:

Long positions above 1.1120 with targets at 1.1175 & 1.1200 in extension.

Alternative scenario:

Below 1.1120 look for further downside with 1.1100 & 1.1080 as targets.

Comment:

The RSI advocates for further advance.

source BtcDana