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EURUSD 28-12-2023

Technical Analysis
By Shady Fouad
0 25

EURUSD 28-12-2023

EURUSD 28-12-2023.
The prices are trading around the resistance zone in the range of 1.1100, and it is likely that this area will limit the upward movement. In the event of a breakthrough above these levels, we may resume the upward trend, and this scenario is ruled out with a renewed break below the support zone of 1.1000.

Support

 1.1050 1.1000 –
Resistance 1.1100 1.1160

–
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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