Market Analysis of EURUSD on Thursday 11 May 2023

2023-05-11 03:00Fonte:BtcDana

EUR/USD Intraday: the upside prevails.

 

Pivot:

1.0960

 

Our preference:

Long positions above 1.0960 with targets at 1.1005 & 1.1025 in extension.

 

Alternative scenario:

Below 1.0960 look for further downside with 1.0940 & 1.0920 as targets.

 

Comment:

The RSI advocates for further upside.

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