EURUSD 1D Analysis
As we approach the conclusion of 2023 and transition into 2024, it's noteworthy that EURUSD is currently exhibiting an upward trend, having successfully breached the critical resistance zone around the 1.10447 level. The anticipation is that the price might sustain this positive momentum, with a potential retest of the key zone before continuing the uptrend.
Nevertheless, it's essential to consider the possibility of a price breakdown below the key zone, which could signify a shift from a bullish to a bearish trend.
I encourage you to share your thoughts and projections for EURUSD in 2024. Please feel free to comment below and contribute to the discussion.
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