Technical Analysis : EUR/USD - 2 March 2021

Technical Analysis : EUR/USD - 2 March 2021

EUR/USD Intraday: under pressure.

Pivot: 1.2055

Our preference: short positions below 1.2055 with targets at 1.1990 & 1.1960 in extension.

Alternative scenario: above 1.2055 look for further upside with 1.2075 & 1.2095 as targets.

Comment: the RSI lacks upward momentum.