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

2021-12-29T13:37:29

Relevance until2021-12-30

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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

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