Technical Analysis : EUR/USD - 12 March 2021

Technical Analysis : EUR/USD - 12 March 2021

EUR/USD Intraday: key resistance at 1.1950.

Our preference: short positions below 1.1950 with targets at 1.1885 & 1.1870 in extension.

Alternative scenario: above 1.1950 look for further upside with 1.1965 & 1.1990 as targets.

Comment: the RSI is bearish and calls for further downside.