Technical Analysis : EUR/USD 17 January 2023

17 January 2023 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 17 January 2023

Forex Technical Analysis : EURUSD

Date : 17 January 2023

Pivot point : 1.0845

Our preference : short positions below 1.0845 with targets at 1.0800 & 1.0780 in extension.

Alternative scenario : above 1.0845 look for further upside with 1.0860 & 1.0875 as targets.

Comment : as long as the resistance at 1.0845 is not surpassed, the risk of the break below 1.0800 remains high.

Supports and resistances :

1.0875 **
1.0860 *
1.0845
1.0821 – Last price
1.0800
1.0780 *
1.0760 **

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

Source : Trading Central

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