EURUSD 28.12.2021

Technical Analysis
Tuesday, December 28, 2021 - 14:20
Point Trader Group

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


*Risk Disclaimer: 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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