Technical Analysis : EUR/USD 24 October 2022

Forex Technical Analysis : EURUSD

Date : 24 October 2022

Pivot point : 0.9880

Our preference : short positions below 0.9880 with targets at 0.9800 & 0.9780 in extension.

Alternative scenario : above 0.9880 look for further upside with 0.9905 & 0.9930 as targets.

Comment : the RSI lacks upward momentum.

Supports and resistances :

0.9930 **
0.9905 *
0.9880
0.9833 – Last price
0.9800
0.9780 *
0.9755 **

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.