Technical Analysis : EUR/USD 20 October 2022

Forex Technical Analysis : EURUSD

Date : 20 October 2022

Pivot point : 0.9780

Our preference : short positions below 0.9780 with targets at 0.9745 & 0.9725 in extension.

Alternative scenario : above 0.9780 look for further upside with 0.9800 & 0.9820 as targets.

Comment : a break below 0.9745 would trigger a drop towards 0.9725.

Supports and resistances :

0.9820 **
0.9800 *
0.9780
0.9760 – Last price
0.9745
0.9725 *
0.9700 **

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

Source : Trading Central

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