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EURUSD Wave Analysis 27 December 2024

54

- EURUSD reversed from powerful support level 1.0350
- Likely to rise to resistance level 1.0460

EURUSD currency pair recently reversed up with the daily Morning Star from the powerful support level 1.0350 (which stopped the previous sharp downward impulse wave 1 at the end of November).

The upward reversal from the support level 1.0350 started the active short-term correction iv.

Given the strength of the support level 1.0350 and the moderately bearish USD sentiment seen today, EURUSD currency pair can be expected to rise to the next resistance level 1.0460 (former support from the start of December).
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Também em:
Supply and DemandSupport and ResistanceWave Analysis

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Supply and DemandSupport and ResistanceWave Analysis
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.