Technical Analysis : EUR/USD 5 December 2022

5 December 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 5 December 2022

Forex Technical Analysis : EURUSD

Date : 5 December 2022

Pivot point : 1.0520

Our preference : long positions above 1.0520 with targets at 1.0620 & 1.0650 in extension.

Alternative scenario : below 1.0520 look for further downside with 1.0485 & 1.0450 as targets.

Comment : the RSI advocates for further advance.

Supports and resistances :

1.0680 **
1.0650 *
1.0620
1.0583 – Last price
1.0520
1.0485 *
1.0450 **

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

Source : Trading Central

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