EURUSD

EURUSD

German business sentiment worsened for a fifth month as supply challenges in manufacturing and a spike in coronavirus infections clouded the growth outlook for Europe largest economy, according to the Ifo institute.

The EURUSD pair moved down below the 1.1237 main level. As long as the pair trades below 1.1237, on a four-hourly basis, we will face 1.1165 as the support level. On the upside, if the price rises above 1.1237, the next resistance level will be at 1.1307

Support : 1.1165 - 1.1114

Resistance : 1.1237 - 1.1307 - 1.1365

24 Nov 21 (Wed)

01:41 pm



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