EUR/USD Intraday: consolidation.

  • May 19, 2021

Pivot: 1.2245

Our preference: short positions below 1.2245 with targets at 1.2185 & 1.2170 in extension.

Alternative scenario: above 1.2245 look for further upside with 1.2275 & 1.2310 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:
1.2310
1.2275
1.2245
1.2225 Last
1.2185
1.2170
1.2145