EURUSD Forex Analysis for Today, Wednesday (13-12-2023)

EURUSD Forex Analysis for Today, Wednesday (13-12-2023)

EURUSD Forex Analysis for Today, Wednesday (13-12-2023)

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EURUSD Upward Trend Toward Resistance

Analysis of EURUSD – The strengthening of the Euro could potentially drive EURUSD upwards, with the current price rebounding towards the resistance area.

Today’s Trading Strategy:

  • BUY in the Range of 1.07914 – 1.07648
  • Target: 1.08103 – 1.08344

Alternative Strategy:

  • SELL STOP @1.07648
  • Target: 1.07484 – 1.07218

Resistance Levels

  • R1: 1.07648
  • R2: 1.07484
  • R3: 1.07218

Support Levels

  • S1: 1.07914
  • S2: 1.07648
  • S3: 1.08103
  • S4: 1.08344
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