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Pick of the Day 20 April 2022 EURUSD

　　

EURUSD Intraday: the bias remains bullish.

Pivot Level: 1.0795

Our preference:
Long positions above 1.0795 with targets at 1.0830 & 1.0850 in extension.

Alternative scenario:
Below 1.0795 look for further downside with 1.0780 & 1.0765 as targets.

Comment:
The RSI shows upside momentum.

Note: The information is provided for reference purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs, and does not constitute investment advice. We encourage you to seek independent advice if necessary. VT Academy will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

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