Technical Analysis : EUR/USD - 5 May 2021

Technical Analysis : EUR/USD - 5 May 2021

EUR/USD Intraday: consolidation.

Our preference: short positions below 1.2025 with targets at 1.1985 & 1.1970 in extension.

Alternative scenario: above 1.2025 look for further upside with 1.2035 & 1.2050 as targets.

Comment: the RSI is mixed to bearish.