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EURUSD 19.12.2024
General trend:
The pair is showing a strong bearish trend, especially after the US Federal Reserve meeting yesterday, which caused a significant strengthening of the US dollar.
Expected scenario:
Positive scenario: Stability above $1.0360 may enhance the chances of rising during the coming period, targeting $1.0500.
Negative scenario: If the scenario fails and the $1.0360 level is broken, this pair may drop to $1.0300 and then to $1.0250.
Most important levels:
Resistances:
1.0500 - 1.0550
Supports:
1.0360 - 1.0300
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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