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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 23.12.2022

Technical Analysis
Friday, December 23, 2022 - 14:30
Point Trader Group
EURUSD 23.12.2022

Main trend:

Bullish.

Expected scenario:

The pair is trading above a strong support level around 1.0500, which enhances chances of a rise to 1.0700.

Alternative scenario:

The scenario fails and turns to bearishness, after breaking 130.60, targeting 129.00-127.72.

The most important levels

Resistance:

1.0650 – 1.0700

Support:

1.0400 – 1.0350

  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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