Technical Analysis : EUR/USD 12 January 2023

Forex Technical Analysis : EURUSD

Date : 12 January 2023

Pivot point : 1.0740

Our preference : long positions above 1.0740 with targets at 1.0785 & 1.0800 in extension.

Alternative scenario : below 1.0740 look for further downside with 1.0725 & 1.0710 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.0820 **
1.0800 *
1.0785
1.0761 – Last price
1.0740
1.0725 *
1.0710 **

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

Source : Trading Central

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