EURUSD Daily Forecast: December 11
EURUSD Forecast
The EURUSD attempted to push higher yesterday topped at 1.1442 but whipsawed to the downside and closed lower at 1.1355. The bias is bearish in nearest term testing 1.1300 area. A clear break below that area would retest 1.1270 – 1.1215 key support area. Immediate resistance is seen around 1.1418. A clear break back above that area could lead price to neutral zone in nearest term but as long as stay below 1.1500 – 1.1550 key resistance I still prefer a bearish scenario at this phase.
Source: https://fxinstructor.com/blog/eurusd-daily-forecast-december-11-5
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