Technical Analysis : EUR/USD 20 December 2021

Forex Technical Analysis : EURUSD

Date : 20 December 2021

Pivot point : 1.1265

Our preference : short positions below 1.1265 with targets at 1.1230 & 1.1210 in extension.

Alternative scenario : above 1.1265 look for further upside with 1.1280 & 1.1300 as targets.

Comment : as long as the resistance at 1.1265 is not surpassed, the risk of the break below 1.1230 remains high.

Supports and resistances :

1.1300 **
1.1280 *
1.1265
1.1254 – Last price
1.1230
1.1210 *
1.1195 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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