The EURUSD shows mixed trades – Analysis - 30-12-2021
The EURUSD pair didn’t settle for long time below 1.1300 level, to rally upwards and approach testing the key resistance 1.1375, to keep the price confined between these levels that represent the next trend keys, as the price needs to breach one of them to detect its next destination clearly.
Therefore, our neutrality will remain valid until now, reminding you that confirming breaking the support will press on the price to decline towards 1.1150 as a main negative target, while breaching the resistance will lead the price to achieve bullish correction that targets 1.1500 followed by 1.1560 levels mainly.
The expected trading range for today is between 1.1240 support and 1.1420 resistance.
The expected trend for today: Depends on the above mentioned levels
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