EURUSD Forex Analysis – Friday(22-12-2023)

EURUSD Forex Analysis – Friday(22-12-2023)

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EURUSD Surge, Seek Buy Confirmation

EURUSD Analysis – Weakness in the US dollar is propelling EURUSD. From the H1 timeframe chart, prices are attempting to breach the resistance.

Today’s Trading Strategy:

  • BUY at Range 1.09795 – 1.09698
  • Target: 1.10110 – 1.10300
  • Alternatives:
    • SELL STOP @1.09698
    • Target: 1.09462 – 1.09286

Resistance Levels

  • R1 1.09698
  • R2 1.09462
  • R3 1.09286

Support Levels

  • S1 1.09795
  • S2 1.09698
  • S3 1.10110
  • S4 1.10300
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Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness is not responsible for any losses that may arise from the use of this analysis.


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