Technical Analysis : EUR/USD 14 November 2022

Forex Technical Analysis : EURUSD

Date : 14 November 2022

Pivot point : 1.0265

Our preference : long positions above 1.0265 with targets at 1.0370 & 1.0400 in extension.

Alternative scenario : below 1.0265 look for further downside with 1.0230 & 1.0200 as targets.

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

Supports and resistances :

1.0430 **
1.0400 *
1.0370
1.0308 – Last price
1.0265
1.0230 *
1.0200 **

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

Source : Trading Central

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