Technical Analysis : EUR/USD 2 December 2022

Forex Technical Analysis : EURUSD

Date : 2 December 2022

Pivot point : 1.0480

Our preference : long positions above 1.0480 with targets at 1.0560 & 1.0590 in extension.

Alternative scenario : below 1.0480 look for further downside with 1.0450 & 1.0420 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.0620 **
1.0590 *
1.0560
1.0524 – Last price
1.0480
1.0450 *
1.0420 **

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

Source : Trading Central

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