TA from TC
Medium term
EUR/USD MT: under pressure. Pivot: 1.3310
Our Preference: SHORT position below 1.3310 with 1.2650 & 1.25 in sight.
Alternative Scenario: Above 1.3310 up move to 1.35 & 1.3710.
Comment: the pair is posting a rebound but stands below its new resistance, the RSI stands around its neutrality area.
Medium term
EUR/USD MT: under pressure. Pivot: 1.3310
Our Preference: SHORT position below 1.3310 with 1.2650 & 1.25 in sight.
Alternative Scenario: Above 1.3310 up move to 1.35 & 1.3710.
Comment: the pair is posting a rebound but stands below its new resistance, the RSI stands around its neutrality area.