Technical Analysis : EUR/USD 10 November 2022

Forex Technical Analysis : EURUSD

Date : 10 November 2022

Pivot point : 1.0050

Our preference : short positions below 1.0050 with targets at 0.9980 & 0.9960 in extension.

Alternative scenario : above 1.0050 look for further upside with 1.0070 & 1.0095 as targets.

Comment : as long as the resistance at 1.0050 is not surpassed, the risk of the break below 0.9980 remains high.

Supports and resistances :

1.0095 **
1.0070 *
1.0050
1.0022 – Last price
0.9980
0.9960 *
0.9920 **

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

Source : Trading Central

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