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Pick of the Day 25 April 2022 EURUSD

  

EURUSD Intraday: under pressure.

Pivot Level: 1.0820

Our preference:
Short positions below 1.0820 with targets at 1.0755 & 1.0740 in extension.

Alternative scenario:
Above 1.0820 looks for further upside with 1.0850 & 1.0875 as targets.

Comment:
The RSI shows downside 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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