Technical Analysis : EUR/USD 10 October 2022

Forex Technical Analysis : EURUSD

Date : 10 October 2022

Pivot point : 0.9720

Our preference : long positions above 0.9720 with targets at 0.9755 & 0.9770 in extension.

Alternative scenario : below 0.9720 look for further downside with 0.9700 & 0.9680 as targets.

Comment : a support base at 0.9720 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

0.9790 **
0.9770 *
0.9755
0.9736 – Last price
0.9720
0.9700 *
0.9680 **

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

Source : Trading Central

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