Market Analysis of EURUSD on Wednesday 28 August 2024
Time 2024-08-28 04:05:58

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.1165

Our preference:

Long positions above 1.1165 with targets at 1.1200 & 1.1215 in extension.

Alternative scenario:

Below 1.1165 look for further downside with 1.1150 & 1.1135 as targets.

Comment:

The RSI calls for a bounce.

source BtcDana