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02.12.202114:28 Analisis Forex & Kajian: EUR/USD analysis for December 02, 2021 - Breakout of the contraction

Technical analysis:

Exchange Rates 02.12.2021 analysis

EUR/USD has been trading upside and there is the big selling climax in the background, which is sign for the further rally.

Trading recommendation:

Due to massive selling climax in the background on EUR and upside breakout of contraction today, I see potential for further rise,.

Watch for buying opportunities with the upside objectives at 1,1358 and 1,1380.

Stochastic oscillator is showing strong reading with no signs for the reversal.

Key support is set at 1,1300

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

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