Technical Analysis : EUR/USD 23 March 2022

23 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 23 March 2022

Forex Technical Analysis : EURUSD

Date : 23 March 2022

Pivot point : 1.1010

Our preference : long positions above 1.1010 with targets at 1.1045 & 1.1070 in extension.

Alternative scenario : below 1.1010 look for further downside with 1.0985 & 1.0960 as targets.

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

Supports and resistances :

1.1090 **
1.1070 *
1.1045
1.1027 – Last price
1.1010
1.0985 *
1.0960 **

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

Source : Trading Central

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