Technical Analysis Of EURUSD - Thursday, Dec. 1

Looking at EURUSD’s chart, we can see that the FX pair traded just above its resistance level at around $1.0430.

Bank Note, Euro, Bills, Paper Money

Image Source: Pixabay
 

Spotlight on EURUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
 

EURUSD

Looking at EURUSD’s chart, we can see that the FX pair traded just above its resistance level at around $1.0430 and after Jerome Powel’s speech last night where he indicated a slower pace of interest rate hikes, today we could expect the FX pair to rise towards the level of $1.05.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD - 01/12/2022


More By This Author:

Daily Technical Analysis Of USDJPY - Wednesday, Nov. 30
Intraday Technical Analysis Of Synopsys Inc.
Daily Technical Analysis Of GBPUSD - Tuesday, Nov. 29

Comments