16 March 2023 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD
Date : 16 March 2023
Pivot point : 1.0620
Our preference : short positions below 1.0620 with targets at 1.0565 & 1.0540 in extension.
Alternative scenario : above 1.0620 look for further upside with 1.0650 & 1.0680 as targets.
Comment : the upward potential is likely to be limited by the resistance at 1.0620.
Supports and resistances :
1.0680 **
1.0650 *
1.0620
1.0596 – Last price
1.0565
1.0540 *
1.0515 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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