Market Analysis of EURUSD on Friday 13 DECEMBER 2024

2024-12-13 18:43Source:BtcDana

EURUSD TECHNICAL ANALYSIS SHORT TERM VIEW    



EURUSD  made double zigzag correction and now it can jump upwards to hit target 1.0630 with stop loss 1.0332 shown in chart .  Intraday purpose selling is better for targets 1.05050, 1.05150 and 1.5300 levels respectively with stop loss 1.0332 level.


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The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year, while sterling fell after a surprise contraction in UK economic activity.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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