Technical Analysis : EUR/USD 24 January 2023

Forex Technical Analysis : EURUSD

Date : 24 January 2023

Pivot point : 1.0845

Our preference : long positions above 1.0845 with targets at 1.0900 & 1.0920 in extension.

Alternative scenario : below 1.0845 look for further downside with 1.0825 & 1.0805 as targets.

Comment : a support base at 1.0845 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

1.0940 **
1.0920 *
1.0900
1.0873 – Last price
1.0845
1.0825 *
1.0805 **

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

Source : Trading Central

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