EUR/USD – 06.12.2024
The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525.
The market managed to rebound above the first resistance of 1.0545, while still holding below the 1.0610 key resistance ahead of US labour market data.
As long as the market remains below 1.0610, another drop toward 1.0500 and below is likely.
Above 1.0610 more advance toward 1.0820 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0460 | 1.0610 |
| LEVEL2 | 1.0400 | 1.0820 |
| LEVEL3 | 1.0330 | 1.0945 |
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