Technical Analysis : EUR/USD 1 November 2022

Forex Technical Analysis : EURUSD

Date : 1 November 2022

Pivot point : 0.9890

Our preference : long positions above 0.9890 with targets at 0.9945 & 0.9965 in extension.

Alternative scenario : below 0.9890 look for further downside with 0.9870 & 0.9850 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

0.9990 **
0.9965 *
0.9945
0.9929 – Last price
0.9890
0.9870 *
0.9850 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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