Technical Analysis : EUR/USD 6 October 2022

Forex Technical Analysis : EURUSD

Date : 6 October 2022

Pivot point : 0.9880

Our preference : long positions above 0.9880 with targets at 0.9960 & 0.9980 in extension.

Alternative scenario : below 0.9880 look for further downside with 0.9860 & 0.9835 as targets.

Comment : the RSI is bullish and calls for further advance.

Supports and resistances :

1.0000 **
0.9980 *
0.9960
0.9925 – Last price
0.9880
0.9860 *
0.9835 **

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

Source : Trading Central

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