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Société Generale flag 1.0190 resistance for EUR/USD (& further support, resistance levels)

Société Generale flag 1.0190 resistance for EUR/USD (& further support, resistance levels)

This brief from Soc Gen on the euro - outlining support and resistance ahead

  • Interestingly, daily RSI has registered a multi month peak recently pointing towards short-term upside momentum. In case of a break beyond this channel, a revisit of the peak of September near 1.0190 is not ruled out. Graphical levels of 1.0360/1.0450 consisting of lows of 2015/2016 would be a key resistance zone.
  • Failure to cross 1.0190 can lead the pair gradually lower towards recent higher troug... Read More
Posted: Nov 10 2022, 00:59
Author Name: forexlive
Views: 092015

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