EUR USD Technical Analysis December 11, 2018
The EUR declined 0.31% against the USD on Monday and closed at 1.1354. Today in the European session while EUR USD technical analysis December 11, 2018 is preparing at 7:15 GMT, the pair is trading at 1.1380, which is 0.22% higher from yesterday’s closed.
The pair is expected to find support at 1.1323 and a fall through could take it to the next support level of 1.1290. The pair is expected to find its first resistance at 1.1415, and a rise through could take it to the next resistance level of 1.1475. For today the expected trading range is between 1.1290, Support and 1.1415 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.1323, Support 2: 1.1290, Support 3: 1.1230
Resistance Levels: Resistance 1: 1.1415, Resistance 2: 1.1475, Resistance 3: 1.1507
EUR/USD Buying Opportunity for Intraday Trading December 11, 2018
Buy near the support area 1.1323 and 1.1290 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
EUR/USD Selling Opportunity for Intraday Trading December 11, 2018
Sell near the resistance area 1.1415 and 1.1475 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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