EURUSD Intra-day Analysis 4th Jan. 2021

Turning Down

Our Pivot: 1.2287

Our Preference: Short sell below 1.2260 with strict stop loss of 1.2287 and profit target at 1.2215 with extension towards 1.2175.

Alternate Scenario: Upward penetration of 1.2287 will call 1.2320.

NOTE: Euro have given bearish breakout of its bullish price channel and now it's ready for an other bearish rally after completion of its bearish correction.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

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