EUR/USD Daily Forecast – 22 December

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Thursday, Dec 21 2017

EUR/USD Daily Forecast – 22 December

Euro went back and forth in the course of the yesterday' session with resistance around 1.1890 area and support around 1.1850 level, in the end finishing session around 1.1870 area in a neutral tone. As for tomorrow, we would pay more attention to US figures. Any type of supportive candles around 1.1830 and 1.18 area would be short-term buying signal, while resistive candles above 1.19 and 1.1930 level would be short-term selling opportunity.

In long-term trends, we would be buyers for this pair. We expect plenty of support around 1.15 handle, but also plenty of resistance near 1.20 area.

More in this category: « GBP/USD Daily Forecast – 22 December AUD/USD Daily Forecast – 26 December »

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