EURUSD 14-12-2023

Technical Analysis

By Shady Fouad On Dec 14, 2023

EURUSD 14-12-2023.

The prices have breached the resistance zone within the range of 1.0870-1.0830, reaching 1.0900. It is likely that this zone will limit the upward movement and there may be a retest of the 1.0840 level. However, if the price breaks above 1.0900, this scenario would be invalidated.

Support	1.0840	1.0750	1.0720
Resistance	1.0900	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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