Technical Analysis : EUR/USD 8 March 2022

8 March 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 8 March 2022

Forex Technical Analysis : EURUSD

Date : 8 March 2022

Pivot point : 1.0900

Our preference : short positions below 1.0900 with targets at 1.0840 & 1.0805 in extension.

Alternative scenario : above 1.0900 look for further upside with 1.0930 & 1.0960 as targets.

Comment : as long as the resistance at 1.0900 is not surpassed, the risk of the break below 1.0840 remains high.

Supports and resistances :

1.0960 **
1.0930 *
1.0900
1.0864 – Last price
1.0840
1.0805 *
1.0780 **

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

Source : Trading Central

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