EURUSD Forex Analysis for Today, Wednesday (20-12-2023)
EURUSD Change in Direction, Seeking Buying Confirmation
EURUSD Analysis – Weakness in the US dollar supports the rise of EURUSD. Currently, EURUSD has the potential to continue rising towards the psychological level of 1.10000.
Today’s Trading Strategy:
- BUY in the Range of 1.09482 – 1.09251
- Target: 1.09856 – 1.10000
- Alternative:
- SELL STOP @1.09251
- Target: 1.09086 – 1.08876
Resistance Levels:
- R1 1.09251
- R2 1.09086
- R3 1.08876
Support Levels:
- S1 1.09482
- S2 1.09251
- S3 1.09856
- S4 1.10000
Please note: This information is provided for analysis purposes. Make informed decisions based on your own research and risk assessment.
Visit www.forexeducation.forexsahara.com for more details.
EURUSD Change in Direction, Seeking Buying Confirmation
EURUSD Analysis – Weakness in the US dollar supports the rise of EURUSD. Currently, EURUSD has the potential to continue rising towards the psychological level of 1.10000.
Today’s Trading Strategy:
- BUY in the Range of 1.09482 – 1.09251
- Target: 1.09856 – 1.10000
- Alternative:
- SELL STOP @1.09251
- Target: 1.09086 – 1.08876
Resistance Levels:
- R1 1.09251
- R2 1.09086
- R3 1.08876
Support Levels:
- S1 1.09482
- S2 1.09251
- S3 1.09856
- S4 1.10000
Please note: This information is provided for analysis purposes. Make informed decisions based on your own research and risk assessment.
Visit www.forexeducation.forexsahara.com for more details.
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