EURUSD Intra-day Analysis 17th Dec. 2020

Turning Down

Our Pivot: 1.2250

Our Preference: Short sell below 1.2235 with strict stop loss of 1.2250 and profit target at 1.2205 with extension towards 1.2175.

Alternate Scenario: Upward penetration of 1.2255 will call for 1.2280 and 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:

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Technical Levels

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

Forex Live Prices

TickerBidAskHighLow
EURUSD1.143771.14386 1.14956 1.14045
USDJPY143.63143.637 143.977 142.529
GBPUSD1.357641.35773 1.36173 1.35397
USDCHF0.820190.82038 0.82161 0.8171
EURCHF0.938190.93844 0.94009 0.93317
EURJPY164.279164.303 164.685 162.879
GBPJPY194.995195.016 195.51 193.242


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