EURUSD Intra-day Analysis 3rd May 2021

Under Pressure

Our Pivot: 1.2055

Our Preference: Short sell below 1.2030 with strict stop loss of 1.2055 and profit target at 1.1995 and 1.1950.

Alternate Scenario: Upward penetration of 1.2055 will call 1.2100.

NOTE: Euro is being capped by a strong resistant 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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