Technical Analysis : EUR/USD 11 October 2022

Forex Technical Analysis : EURUSD

Date : 11 October 2022

Pivot point : 0.9720

Our preference : short positions below 0.9720 with targets at 0.9660 & 0.9635 in extension.

Alternative scenario : above 0.9720 look for further upside with 0.9745 & 0.9770 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

0.9770 **
0.9745 *
0.9720
0.9676 – Last price
0.9660
0.9635 *
0.9610 **

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

Source : Trading Central

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