ðEURUSD-11/22/2022-US dollar is back in playð
ð
Date: 11/22/2022
âĄïļTrading instrument: EURUSD
ðPriority direction: SELL
ðŽComment: The single European currency has not yet been able to overcome the resistance area of ââ1.03604 - 1.05191. This wide range is likely to be tried again by buyers. As expected, the maximum that will be so is a hike to the level of 1.03604, that is now acting as resistance. A more likely scenario is a further fall from the level of 1.02609. Support level 1.01327 is a conservative target. Support level 1.00011 is also an adequate target, a more medium-term target. By the end of the year, it is unlikely that we would have to observe levels ââmuch higher than the parity level for the EURUSD currency pair. The price would most likely be fixed below this level.
âââââââ
ðThanks for your comments and likesð
ððĨLINKS TO PREVIOUS IDEAS AND FORECASTSðĨð
âĄïļTrading instrument: EURUSD
ðPriority direction: SELL
ðŽComment: The single European currency has not yet been able to overcome the resistance area of ââ1.03604 - 1.05191. This wide range is likely to be tried again by buyers. As expected, the maximum that will be so is a hike to the level of 1.03604, that is now acting as resistance. A more likely scenario is a further fall from the level of 1.02609. Support level 1.01327 is a conservative target. Support level 1.00011 is also an adequate target, a more medium-term target. By the end of the year, it is unlikely that we would have to observe levels ââmuch higher than the parity level for the EURUSD currency pair. The price would most likely be fixed below this level.
âââââââ
ðThanks for your comments and likesð
ððĨLINKS TO PREVIOUS IDEAS AND FORECASTSðĨð
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