Technical Analysis : EUR/USD 25 November 2022

Forex Technical Analysis : EURUSD

Date : 25 November 2022

Pivot point : 1.0430

Our preference : short positions below 1.0430 with targets at 1.0380 & 1.0360 in extension.

Alternative scenario : above 1.0430 look for further upside with 1.0450 & 1.0470 as targets.

Comment : as long as 1.0430 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1.0470 **
1.0450 *
1.0430
1.0414 – Last price
1.0380
1.0360 *
1.0340 **

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

Source : Trading Central

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