EURUSD Intra-day Analysis 8th Feb. 2021

Caution

Our Pivot: 1.2065

Our Preference: Short sell below 1.2042 with strict stop loss of 1.2065 and profit target at 1.2016 with extension towards 1.2000.

Alternate Scenario: Upward penetration of 1.2065 will call 1.2090.

NOTE: Euro is being capped by a strong horizontal resistant region.

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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