Technical Analysis : EUR/USD 12 December 2023

Forex Technical Analysis : EURUSD

Date : 12 December 2023

Momentum : Up

First Scenario : long positions above 1.07570 with targets at 1.07857, 1.08007 and 1.08175

Second Scenario : short positions below 1.07570 with targets at 1.07395, 1.07226 and 1.07061

Comment : There is no clear trend in the price movement.

Supports and resistances :

1.08175 **
1.08007 *
1.07857
1.07695 - Last price
1.07395
1.07226 *
1.07061 **

Warning : This information is not a buy-sell signal.