Technical Analysis : EUR/USD 21 March 2023

Forex Technical Analysis : EURUSD

Date : 21 March 2023

Pivot point : 1.0690

Our preference : long positions above 1.0690 with targets at 1.0735 & 1.0760 in extension.

Alternative scenario : below 1.0690 look for further downside with 1.0660 & 1.0630 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

1.0780 **
1.0760 *
1.0735
1.0714 – Last price
1.0690
1.0660 *
1.0630 **

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

Source : Trading Central

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