EURUSD 18-12-2023

Technical Analysis

By Shady Fouad On Dec 18, 2023

EURUSD 18-12-2023.

Prices are trading in a sideways range on the short term, testing a minor support zone within the range of 1.0900. In the event of a break below that area, we may test the crucial support zone within the range of 1.0800. On the other hand, if prices rebound, we will face the important resistance zone within the range of 1.1000.

Support	1.0900	1.0840	1.0750
Resistance	1.1000	1.1040	1.1080

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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