Technical Analysis : EUR/USD 5 November 2021

5 November 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 5 November 2021

Forex Technical Analysis : EURUSD

Date : 5 November 2021

Pivot point : 1.1570

Our preference : short positions below 1.1570 with targets at 1.1525 & 1.1500 in extension.

Alternative scenario : above 1.1570 look for further upside with 1.1590 & 1.1615 as targets.

Comment : the RSI lacks upward momentum.

Supports and resistances :

1.1615 **
1.1590 *
1.1570
1.1553 – Last price
1.1525
1.1500 *
1.1480 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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