Technical Analysis : EUR/USD 31 October 2022

Forex Technical Analysis : EURUSD

Date : 31 October 2022

Pivot point : 0.9940

Our preference : long positions above 0.9940 with targets at 0.9975 & 0.9995 in extension.

Alternative scenario : below 0.9940 look for further downside with 0.9925 & 0.9910 as targets.

Comment : the RSI calls for a rebound.

Supports and resistances :

1.0015 **
0.9995 *
0.9975
0.9963 – Last price
0.9940
0.9925 *
0.9910 **

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

Source : Trading Central

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