Technical Analysis : EUR/USD 16 October 2023

Forex Technical Analysis : EURUSD

Date : 16 October 2023

Momentum : Up

First Scenario : long positions above 1.05133 with targets at 1.05510, 1.05836 and 1.06278

Second Scenario : short positions below 1.05133 with targets at 1.04947, 1.04756 and 1.04475

Comment : RSI - Bullish divergence.

Supports and resistances :

1.06278 **
1.05836 *
1.05510
1.05269 - Last price
1.04947
1.04756 *
1.04475 **

Warning : This information is not a buy-sell signal.