Technical Analysis : EUR/USD 31 January 2023

Forex Technical Analysis : EURUSD

Date : 31 January 2023

Pivot point : 1.0865

Our preference : short positions below 1.0865 with targets at 1.0835 & 1.0820 in extension.

Alternative scenario : above 1.0865 look for further upside with 1.0890 & 1.0910 as targets.

Comment : a break below 1.0835 would trigger a drop towards 1.0820.

Supports and resistances :

1.0910 **
1.0890 *
1.0865
1.0845 – Last price
1.0835
1.0820 *
1.0800 **

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

Source : Trading Central

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