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EURUSD 28.12.2021
Overview:
The pair is trading sideways
Expected scenario:
Continuing trading below the 1.14 resistance level enhances the chances of a drop to 1.1250
Alternative scenario:
On the other hand, we see that if 1.14 is broken upwards, it may push this pair up to 1.1500
Resistance levels
1.1400
1.1450
1.1500
Support levels
1.1250
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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