Technical Analysis : EUR/USD 29 December 2022

Forex Technical Analysis : EURUSD

Date : 29 December 2022

Pivot point : 1.0645

Our preference : short positions below 1.0645 with targets at 1.0605 & 1.0590 in extension.

Alternative scenario : above 1.0645 look for further upside with 1.0660 & 1.0675 as targets.

Comment : as long as 1.0645 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1.0675 **
1.0660 *
1.0645
1.0621 – Last price
1.0605
1.0590 *
1.0575 **

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

Source : Trading Central

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