Technical Analysis : EUR/USD - 1 June 2021

Technical Analysis : EUR/USD - 1 June 2021

EUR/USD Intraday: the upside prevails.

Pivot: 1.2210

Our preference: long positions above 1.2210 with targets at 1.2245 & 1.2265 in extension.

Alternative scenario: below 1.2210 look for further downside with 1.2195 & 1.2180 as targets.

Comment: the RSI lacks downward momentum.