EUR/USD ST: bullish bias above 1.0220.

High Volatility
2023-01-04 06:47Source:TC

Pivot: 1.0220

Our preference: long positions above 1.0220 with targets at 1.0785 & 1.0950 in extension.

Alternative scenario: below 1.0220 look for further downside with 1.0000 & 0.9720 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.1130 **

1.0950 **

1.0785 ***

1.0574 Last

1.0220 ***

1.0000 **

0.9720 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-04-2023 at 06:47 UTC+1

Price reference: 1.0574 last known on 01-04-2023 at 06:47 UTC+1

Investment horizon: ST

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