Technical Analysis : EUR/USD - 9 March 2021

Technical Analysis : EUR/USD - 9 March 2021

EUR/USD Intraday: the upside prevails.

Our preference: long positions above 1.1870 with targets at 1.1930 & 1.1945 in extension.

Alternative scenario: below 1.1870 look for further downside with 1.1850 & 1.1835 as targets.

Comment: the break above 1.1870 is a positive signal that has opened a path to 1.1930.