Technical Analysis : EUR/USD 4 October 2022

Forex Technical Analysis : EURUSD

Date : 4 October 2022

Pivot point : 0.9790

Our preference : long positions above 0.9790 with targets at 0.9850 & 0.9880 in extension.

Alternative scenario : below 0.9790 look for further downside with 0.9770 & 0.9750 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

0.9910 **
0.9880 *
0.9850
0.9831 – Last price
0.9790
0.9770 *
0.9750 **

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

Source : Trading Central

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