The EURUSD tests the support – Analysis - 29-12-2021

Economies.com
2021-12-29 04:46AM UTC

The EURUSD pair provided negative trades yesterday to test the key support line that rises now to 1.1300, and we still waiting to get confirmation signal for the next trend through breaking the mentioned support or breaching 1.1375 resistance, to keep our neutrality valid until now.

 

To review the expected targets after the breach, please check our previous report.

 

The expected trading range for today is between 1.1230 support and 1.1380 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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