Outlook - EUR/USD 21st - 28th December
Price found the 1.14500 level this week as a hard area to push past, overtime price got to the level it found strong selling pressure.
For the most part price has been ranging between 1.1§300 and 1.14500
Two areas that I have got my eye on are firstly the lower Demand zone at 1.12200 when price found this area last, there was strong buying pressure and shows this would offer the best low risk area to go long.
The higher zone that saw a stronger drop was the 1.17500 area.
This offers a very large 500 pip price range, will see which area price favours hover it may be a slow week due to christmas
For the most part price has been ranging between 1.1§300 and 1.14500
Two areas that I have got my eye on are firstly the lower Demand zone at 1.12200 when price found this area last, there was strong buying pressure and shows this would offer the best low risk area to go long.
The higher zone that saw a stronger drop was the 1.17500 area.
This offers a very large 500 pip price range, will see which area price favours hover it may be a slow week due to christmas
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