Technical Analysis : EUR/USD 12 December 2022

Forex Technical Analysis : EURUSD

Date : 12 December 2022

Pivot point : 1.0545

Our preference : short positions below 1.0545 with targets at 1.0485 & 1.0460 in extension.

Alternative scenario : above 1.0545 look for further upside with 1.0565 & 1.0585 as targets.

Comment : the RSI shows downside momentum.

Supports and resistances :

1.0585 **
1.0565 *
1.0545
1.0514 – Last price
1.0485
1.0460 *
1.0440 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.