EUR/USD MT: the upside prevails.

EURUSD

Trading Central 2021-01-14 16:37:05

Pivot: 1.1605

Our preference: long positions above 1.1605 with targets at 1.2550 & 1.2800 in extension.

Alternative scenario: below 1.1605 look for further downside with 1.1170 & 1.0725 as targets.

Comment: The pair is posting further advance above its 50-week moving average.

Supports and resistances:

1.3110

1.2800

1.2550

1.2148 Last

1.1605

1.1170

1.0725

Disclaimer

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