Technical Analysis : EUR/USD 1 April 2020

Forex Technical Analysis : EURUSD

Date : 1 April 2020

Pivot point : 1.1055

Our preference : short positions below 1.1055 with targets at 1.0965 & 1.0925 in extension.

Alternative scenario : above 1.1055 look for further upside with 1.1105 & 1.1145 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

1.1145 **
1.1105 *
1.1055
1.1006 – Last price
1.0965
1.0925 *
1.0885 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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