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FX.co ★ EUR/USD analysis for December 29, 2021 - Watch for the breakout of triangle

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Forex Analysis:::2021-12-29T13:37:29

EUR/USD analysis for December 29, 2021 - Watch for the breakout of triangle

Technical analysis:

EUR/USD analysis for December 29, 2021 - Watch for the breakout of triangle

EUR/USD has been trading sideways at the price of 1,1310. Watch for potential breakout to confirm further direction.

Trading recommendation:

In case of the upside breakout of the pivot at 1,1360, watch upisde opportunities towards 1,1435

In case of the downside breakout of the pivot at 1,1230, watch for selling opportunities towards 1,1185

Analyst InstaForex
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