EUR/USD Intraday: under pressure.

  • May 20, 2021

Pivot: 1.2200

Our preference: short positions below 1.2200 with targets at 1.2150 & 1.2125 in extension.

Alternative scenario: above 1.2200 look for further upside with 1.2220 & 1.2245 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:
1.2245
1.2220
1.2200
1.2172 Last
1.2150
1.2125
1.2100