FX.co - EUR/USD analysis for April 30 2021 - Intraday oversold condiiton and potential for the rally yowards 1.2120

2021-04-30T13:36:20

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EUR/USD analysis for April 30 2021 - Intraday oversold condiiton and potential for the rally yowards 1.2120

Analyzing the current trading chart of EUR, I found there the oversold condition today and potential for the rally.

My advice is to watch for potential buying opportunities on the dips with the upside targets at the price of 1.2130

Additionally, there is the potential completion of the ABC downside correction, which is another sign to watch for buying opportunities...

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ EUR/USD analysis for April 30 2021 - Intraday oversold condiiton and potential for the rally yowards 1.2120