Technical Analysis : EUR/USD 13 December 2022

Forex Technical Analysis : EURUSD

Date : 13 December 2022

Pivot point : 1.0555

Our preference : short positions below 1.0555 with targets at 1.0505 & 1.0490 in extension.

Alternative scenario : above 1.0555 look for further upside with 1.0575 & 1.0590 as targets.

Comment : the upward potential is likely to be limited by the resistance at 1.0555.

Supports and resistances :

1.0590 **
1.0575 *
1.0555
1.0539 – Last price
1.0505
1.0490 *
1.0470 **

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

Source : Trading Central

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