Technical Analysis : EUR/USD 30 January 2023

Forex Technical Analysis : EURUSD

Date : 30 January 2023

Pivot point : 1.0850

Our preference : long positions above 1.0850 with targets at 1.0880 & 1.0900 in extension.

Alternative scenario : below 1.0850 look for further downside with 1.0835 & 1.0820 as targets.

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

Supports and resistances :

1.0915 **
1.0900 *
1.0880
1.0866 – Last price
1.0850
1.0835 *
1.0820 **

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

Source : Trading Central

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