Technical Analysis : EUR/USD - 27 January 2021

Technical Analysis : EUR/USD - 27 January 2021

EUR/USD Intraday: under pressure.

Our preference: short positions below 1.2145 with targets at 1.2105 & 1.2080 in extension.

Alternative scenario: above 1.2145 look for further upside with 1.2170 & 1.2180 as targets.

Comment: the RSI shows downside momentum.