FX.co ★ Technical Analysis of Daily Price Movement of Major Currency Pairs EUR/USD Tuesday, December 06 2022.

If we look at the daily chart for the main EUR/USD currency pair, it can be seen that yesterday's PL Dot was right at the close level of this area, making today's Bar under upward pressure from yesterday's low area of 1.0480 where Fiber will be pushed to go above the Projected High level. today at the level of 1.0548 if this level is broken then it is very likely that EUR/USD will continue its strengthening up to the Halo/Sacrosanct level at 1.0595 but due to the formation of deviations between price movements and the Awesome Oscillator indicator and yesterday's bar forming a Bearish Divergent bar (Wiseman.1 ) then Fiber also has the potential to be corrected downwards but as long as it does not close beyond the Block 1.0480 level, the Bull scenario on EUR/USD today will still run

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