Forex Trading Library

EUR/USD – 22.11.2024

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Euro fell below support the of 1.0525-40 and met the target of 1.0475 and fell lower.

As we see on the chart, the market is still showing signs for a further drop toward 1.0220.

The market facing resistances around 1.0440, 1.0560 and 1.0610. if prices remain below one of those resistances, the indicators will suggest signals for a drop toward 1.0220 and below.

SUPPORT RESISTANCE
LEVEL1 1.0335 1.0440
LEVEL2 1.0220 1.0560
LEVEL3 1.0100 1.0610

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