EURUSD 22.11.2023

Technical Analysis
Wednesday, November 22, 2023 - 14:31
Point Trader Group

General trend: decline then rise.
Expected scenario:
The pair is trading below a strong resistance level around 1.0965, which enhances the chances of a drop to 1.0814.
Alternative scenario:
The scenario turns bullish with a break of 1.0965
The most important levels
resistance:
1.0965 – 1.1000
support:
1.0814 – 1.0720

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