| EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.477 |
| Pivot: 1.4770. Most Likely Scenario: LONG positions above 1.477 with 1.485 & 1.488 in sight. Alternative scenario: The downside penetration of 1.477 will call for 1.471 & 1.4655. Comment: The RSI is negative but supported by a strong support. Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. 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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