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EURUSD 21.12.2021
Overview:
The pair is trading in a downtrend
Expected scenario:
The pair is trading sideways, and currently the highest support level is around 1.1226, which enhances the chances of a rise to 1.1375
Alternative scenario:
On the other hand, we see that if the 1.1226 level is broken down, it may push the pair down to 1.1185
Resistance levels
1.1375
1.1400
1.1420
Support levels
1.1226
1.1200
1.1185
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