EURUSD Forex Analysis – Tuesday (26-12-2023)

EURUSD Forex Analysis – Tuesday (26-12-2023)

EURUSD Analysis for Today – Tuesday (26-12-2023)

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Bullish Bias Accompanies EURUSD, Seeking Buy Signals

Analysis of EURUSD indicates a push due to the weakening US dollar. On the H1 timeframe chart, the price is heading towards the resistance area.

Today’s Trading Strategy:

  • BUY in the Range of 1.09965 – 1.09706
  • Target: 1.10126 – 1.10385


  • SELL STOP @1.09706
  • Target: 1.09521 – 1.09286

Resistance Levels

  • R1: 1.09706
  • R2: 1.09521
  • R3: 1.09286

Support Levels

  • S1: 1.09965
  • S2: 1.09706
  • S3: 1.10126
  • S4: 1.10385

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. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.

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