EUR/USD – 20.11.2024
The Euro managed to test the resistance of 1.0600 and a few pips above it before prices hit dropped.
As we see on the Intraday chart, the market is facing support around 1.0525-40. If prices hold here, then another advance toward 10650-60 will be expected.
Below 1.0525 more of a drop could hit the market with the second support around 10475 which could activate the advance again.
Below 1.0475 more of a drop toward 1.0290 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0525-40 | 1.0610 |
| LEVEL2 | 1.0475 | 1.0660 |
| LEVEL3 | 1.0360 | 1.0800 |
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