Today, before the start of European trading, the EUR/USD pair rose sharply to the high of early September ($1.1930), but then fell to $1.1880, losing all the positions gained. EUR / USD remains above the MA (200) H1 moving average line ($1.1860) and above MA (200) H4 ($1.1795) on the four - hour chart. A session high of $1.1930 may keep EUR / USD from rising. If it breaks through, the pair may rise to $1.1965. MA (200) H1 ($1.1860 represents the support level. If this level is passed, the pair may fall to $1.1830. The most likely range of movement of the pair today can be hidden within the range of $1.1860-$1.1930.
⦁ Resistance levels are at: $1.1905, $1.1930, $1.1965
⦁ Support levels are at: $1.1860, $1.1830, $1.1800
The main scenario for promoting the pair - correction and growth of the pair to the session high of $1.1930
An alternative scenario - if the MA (200) H1 ($1.1860) level is broken, the pair is likely to decline to $1.1830 (November 24 low)
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