EURUSD 20-12-2023

Technical Analysis

By Shady Fouad On Dec 20, 2023

EURUSD 20-12-2023.

Prices are facing a crucial resistance zone within the range of 1.1000. They are trading sideways in the short term, and it is likely that prices will test the minor support zone within the range of 1.0900. If this zone is broken to the downside, we may test the important support zone within the range of 1.0800.

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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