Technical Analysis : EUR/USD 12 November 2021

12 November 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 12 November 2021

Forex Technical Analysis : EURUSD

Date : 12 November 2021

Pivot point : 1.1475

Our preference : short positions below 1.1475 with targets at 1.1420 & 1.1400 in extension.

Alternative scenario : above 1.1475 look for further upside with 1.1490 & 1.1510 as targets.

Comment : the RSI lacks upward momentum.

Supports and resistances :

1.1510 **
1.1490 *
1.1475
1.1443 – Last price
1.1420
1.1400 *
1.1380 **

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

Source : Trading Central

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