EURUSD Intra-day Analysis 28th Jan. 2021

Under Pressure

Our Pivot: 1.2130

Our Preference: Short sell below 1.2100 with strict stop loss of 1.2130 and profit target at 1.2060 with extension towards 1.2030.

Alternate Scenario: Upward penetration of 1.2190 will call 1.2230.

NOTE: Euro is being capped by descending trend line.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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