EURUSD Analysis for Today – Tuesday (12-12-2023)
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EURUSD Still Potential for Downward Movement
EURUSD Analysis – The strengthening of the US dollar could pressure EURUSD. The current price is undergoing a correction within the Fibonacci area.
Today’s Trading Strategy:
- SELL in the Range of 1.07578 – 1.07801
- Target: 1.07441 – 1.07218
- Alternative:
- BUY STOP @1.07801
- Target: 1.07959 – 1.08161
Resistance Levels
- R1 1.07801
- R2 1.07959
- R3 1.08161
Support Levels
- S1 1.07578
- S2 1.07801
- S3 1.07441
- S4 1.07218
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