EURUSD 23.12.2022

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

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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