Technical Analysis : EUR/USD 22 March 2023

Forex Technical Analysis : EURUSD

Date : 22 March 2023

Pivot point : 1.0740

Our preference : long positions above 1.0740 with targets at 1.0790 & 1.0810 in extension.

Alternative scenario : below 1.0740 look for further downside with 1.0720 & 1.0700 as targets.

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

Supports and resistances :

1.0830 **
1.0810 *
1.0790
1.0768 – Last price
1.0740
1.0720 *
1.0700 **

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

Source : Trading Central

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