Technical Analysis : EUR/USD 5 December 2023

Forex Technical Analysis : EURUSD

Date : 5 December 2023

Momentum : Up

First Scenario : long positions above 1.08280 with targets at 1.08658, 1.08950 and 1.09230

Second Scenario : short positions below 1.08280 with targets at 1.08032, 1.07800 and 1.07563

Comment : RSI - Bullish divergence.

Supports and resistances :

1.09230 **
1.08950 *
1.08658
1.08426 - Last price
1.08032
1.07800 *
1.07563 **

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