Technical Analysis : EUR/USD 18 October 2023

Forex Technical Analysis : EURUSD

Date : 18 October 2023

Momentum : Down

First Scenario : short positions below 1.05949 with targets at 1.05597, 1.05454 and 1.05248

Second Scenario : long positions above 1.05949 with targets at 1.06148, 1.06269 and 1.06397

Comment : RSI - Bearish divergence.

Supports and resistances :

1.06397 **
1.06269 *
1.06148
1.05742 - Last price
1.05597
1.05454 *
1.05248 **

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