Technical Analysis : EUR/USD 8 September 2022

Forex Technical Analysis : EURUSD

Date : 8 September 2022

Pivot point : 0.9960

Our preference : long positions above 0.9960 with targets at 1.0010 & 1.0030 in extension.

Alternative scenario : below 0.9960 look for further downside with 0.9935 & 0.9910 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

1.0060 **
1.0030 *
1.0010
0.9990 – Last price
0.9960
0.9935 *
0.9910 **

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

Source : Trading Central

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