EUR/USD INTRADAY: CAUTION.
Pivot: 1.465
Most Likely Scenario: Short positions below 1.465 with targets @ 1.4545 & 1.45 in extension.
Alternative scenario: Above 1.465 look for further upside with 1.467 & 1.47 as targets.
Comment: the RSI has struck against a major resistance around 70% and is reversing down.
Risk Warning:FOREX, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore,FOREX may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.
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