EURUSD 21.12.2021

Technical Analysis
Tuesday, December 21, 2021 - 08:37
Point Trader Group
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

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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