Technical Analysis : EUR/USD - 12 August 2021

Technical Analysis : EUR/USD - 12 August 2021

EUR/USD Intraday: the upside prevails.
Pivot: 1.1725

Our preference: long positions above 1.1725 with targets at 1.1755 & 1.1770 in extension.

Alternative scenario: below 1.1725 look for further downside with 1.1705 & 1.1690 as targets.

Comment: the RSI is mixed to bullish.