Technical Analysis : EUR/USD 21 October 2022

Forex Technical Analysis : EURUSD

Date : 21 October 2022

Pivot point : 0.9800

Our preference : short positions below 0.9800 with targets at 0.9755 & 0.9730 in extension.

Alternative scenario : above 0.9800 look for further upside with 0.9820 & 0.9845 as targets.

Comment : as long as the resistance at 0.9800 is not surpassed, the risk of the break below 0.9755 remains high.

Supports and resistances :

0.9845 **
0.9820 *
0.9800
0.9778 – Last price
0.9755
0.9730 *
0.9705 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.