Market Analysis of EURUSD on Monday 26 August 2024
Time 2024-08-26 04:01:36

EUR/USD Intraday: the upside prevails.

Pivot:

1.1160

Our preference:

Long positions above 1.1160 with targets at 1.1210 & 1.1230 in extension.

Alternative scenario:

Below 1.1160 look for further downside with 1.1140 & 1.1125 as targets.

Comment:

The RSI calls for a new upleg.

source BtcDana