EURUSD Daily Forecast Dec 10 2018

1
48
EURO - dollar - 65985-

EURUSD: Light Bullish. Eyes On 1.1465 Levels With Caution…

As long as 1.1359 support holds on a daily closing basis, the EURUSD remains on the upside to 1.1465 level. A halt is likely, it may test 1.1422 before attempts to break above 1.1465 level. however; above 1.1465 aims 1.1537, further upside, resistance comes at 1.1608 level.

A failure to hold above 1.1422 on a daily closing basis could mean a return to 1.1359 level.

On the downside, support comes at 1.1359 level, below that level will reverse risk to 1.1285 level. It may test 1.1359 before trying to break lower. Anyway; below 1.1285 aims 1.1215 level, further down, support comes at 1.1155 level.

Conclusion: The EURUSD sees upside threats above 1.1359 level.

Support: 1.1359, 1.1285, 1.1215, 1.1155   

Resistance: 1.1422, 1.1465, 1.1537, 1.1608

EURUSD Daily Forecast Dec 10 2018

 

MARKET DATA

UPCOMING ECONOMIC EVENTS

Comments are closed.