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Pick of the Day 28 April 2022 EURUSD

　　

EURUSD Intraday: the downside prevails.

Pivot Level: 1.0570

Our preference:
Short positions below 1.0570 with targets at 1.0480 & 1.0450 in extension.

Alternative scenario:
Above 1.0570 looks for further upside with 1.0605 & 1.0635 as targets.

Comment:
The RSI is mixed to bearish.

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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