EUR/USD – 04.12.2024

EUR/USD – 04.12.2024

The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525.

As we see over the chart, the market is facing Intraday resistance around 1.0545. If prices remain below this resistance, more of a drop toward the 1.0400-25 target will be expected.

Above 1.0610 more advance toward 1.0820 could hit the market.

So far prices retreated towards the 1.0460 levels.

SUPPORT RESISTANCE
LEVEL1 1.0400-25 1.0545
LEVEL2 1.0330 1.0610
LEVEL3 1.0220 1.0820

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