EUR/USD 1.4372 - 20 December

EUR/USD Open 1.4383 High 1.4424 Low 1.4335 Close 1.4383

Although the was a little upward pressure on the Euro, it remained in the range from the beginning of this week, and its first support remains the bottom from Monday 1.4335. Next is the top from 1 October at 4290, and the 50.3% Fibonacci of the climb 1.3365 - 1.4960 at 1.4170. Resistance is expected at 1.4440, followed by 1.4500 and 1.4540.

Technical resistance levels: 1.4440 1.4500 1.4540

Technical support levels: 1.4335 1.4290 1.4170

Trading range: 1.4385 - 1.4310

Trend: Downward

Sell at 1.4372 SL 1.4402 TP 1.4322

Yesterday we made +45 pips profit on EUR/USD from the following signal:

6:10 GMT Sell EUR/USD at 1.4419 SL 1.4445 TP 1.4369 exited at 9:01 GMT

Total yesterday +157, as shown at www.zifx.com/performance.php