EURUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.2272
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2272 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2272 will call 1.2300.
NOTE: Euro is moving in a bullish price channel and its being capped by resistant trend line of said channel which would push it back for an intraday correction.
Chart with supports & resistances:
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Forex Live Prices
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