EURUSD 5-12-2023

Technical Analysis

By Shady Fouad On Dec 5, 2023

EURUSD 5-12-2023.

prices are currently trading around a support zone between 1.0870-1.0830. It is expected that the prices will bounce back higher, although this scenario will be invalidated if the mentioned support zone is broken downwards.

Support	1.0830	1.0750	1.0670
Resistance	1.1000	1.1040	–

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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