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:

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Technical Levels

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

Forex Live Prices

TickerBidAskHighLow
EURUSD1.143731.1438 1.14956 1.14045
USDJPY143.654143.661 143.977 142.529
GBPUSD1.357531.35764 1.36173 1.35397
USDCHF0.82030.82046 0.82161 0.8171
EURCHF0.938260.93851 0.94009 0.93317
EURJPY164.3164.32 164.685 162.879
GBPJPY195.011195.042 195.51 193.242


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