Technical Analysis : EUR/USD 13 October 2022

13 October 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 13 October 2022

Forex Technical Analysis : EURUSD

Date : 13 October 2022

Pivot point : 0.9685

Our preference : long positions above 0.9685 with targets at 0.9720 & 0.9735 in extension.

Alternative scenario : below 0.9685 look for further downside with 0.9665 & 0.9650 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

0.9750 **
0.9735 *
0.9720
0.9698 – Last price
0.9685
0.9665 *
0.9650 **

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

Source : Trading Central

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