Technical Analysis : EUR/USD 20 January 2023

Forex Technical Analysis : EURUSD

Date : 20 January 2023

Pivot point : 1.0800

Our preference : long positions above 1.0800 with targets at 1.0855 & 1.0880 in extension.

Alternative scenario : below 1.0800 look for further downside with 1.0780 & 1.0760 as targets.

Comment : technically the RSI is above its neutrality area at 50.

Supports and resistances :

1.0900 **
1.0880 *
1.0855
1.0833 – Last price
1.0800
1.0780 *
1.0760 **

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

Source : Trading Central

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