Technical Analysis : EUR/USD 29 September 2022

Forex Technical Analysis : EURUSD

Date : 29 September 2022

Pivot point : 0.9660

Our preference : long positions above 0.9660 with targets at 0.9720 & 0.9750 in extension.

Alternative scenario : below 0.9660 look for further downside with 0.9630 & 0.9600 as targets.

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

Supports and resistances :

0.9770 **
0.9750 *
0.9720
0.9684 – Last price
0.9660
0.9630 *
0.9600 **

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

Source : Trading Central

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