2024-12-24 14:37
IndustriEUR/USD: Consolidation Likely
EUR/USD climbed to a high of 1.0445 but failed to sustain the move, initiating a pullback.
Key Resistance Levels: 1.0450 and 1.0550.
Key Support Levels: 1.0350 and 1.0300.
The pair needs a decisive break above 1.0450 to target 1.0550. Until then, it is likely to trade within the range of 1.0450–1.0550 and 1.0350–1.0300.
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EUR/USD: Consolidation Likely
Hong Kong | 2024-12-24 14:37EUR/USD climbed to a high of 1.0445 but failed to sustain the move, initiating a pullback.
Key Resistance Levels: 1.0450 and 1.0550.
Key Support Levels: 1.0350 and 1.0300.
The pair needs a decisive break above 1.0450 to target 1.0550. Until then, it is likely to trade within the range of 1.0450–1.0550 and 1.0350–1.0300.
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