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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 28.12.2021

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

*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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