Hello,
Choppy trading and rangebound ahead of holidays season. I do not expect a daramatic move in either side today, but following the news we might have a brief volatility. Play breakouts carefully.
Long term view: Bullish
Intraday: mixed, slightly bullish
Resistance for EURUSD 1.3212 (today’s high 1.3211 a pip shy) next important resistance 1.3244, and 1.3252 is pivotal more important resistance.
Support comes at yesterday low of 1.3140.
We will try to trade a breakout of either side today.
Long above 1.3252, target 1.3290
Short below 1.3140, target 1.3082, and 1.3052
A breach of 1.3252 will confirm 1.3052 a bottom, and favours a move back to 1,33 higher half. so you can hold on it.
Good luck…