Forex - Chart EUR/USD Update: Recovering, resistance at 1.2504/10


Published at 01:37 (GMT) 25 Nov


Chart EUR/USD Update: Recovering, resistance at 1.2504/10 (MTHC7701)

25 Nov EUR/USD Daily

Held the 1.2358 support with recovery from the 1.2360 low reaching 1.2445 high. Higher see strong resistance at 1.2504/10 area and regaining this needed to fade downside pressure. Downside seen vulnerable while the latter caps. Support now at the 1.2400 level ahead of the 1.2360/58 lows. [PL]

R5:: 1.26 * 19 Nov high R4: 1.2570/78 intraday, 17 Nov highs
R3: 1.2545 intraday level
R2: 1.2504 * 20 Nov low, break
R1: 1.2445 24 Nov high

S1: 1.2405/00 intraday level
S2: 1.2360/58 * 24, 7 Nov lows
S3: 1.2342 21 Aug 12 low
S4: 1.2289 * Jun 12 low
S5: 1.2242 * 10 Aug 12 low

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