EURUSD Forex Analysis for Today, Wednesday (27-12-2023)
https://onlineforexafrica.comEURUSD Breaks Resistance, Potential Upside
Analysis of EURUSD – Continued weakness in the US dollar continues to drive EURUSD. From the H1 timeframe chart, the price successfully breached the resistance. Buying opportunities may be sought today.
Today’s Trading Strategy:
- BUY in the Range 1.10316 – 1.10241
- Target: 1.10436 – 1.10550
- Alternatives:
- SELL STOP @1.10241
- Target: 1.10121 – 1.10035
Resistance Levels
- R1 1.10241
- R2 1.10121
- R3 1.10035
Support Levels
- S1 1.10316
- S2 1.10241
- S3 1.10436
- S4 1.10550
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