FX.co ★ EUR/USD analysis for December 28, 2022 - Key resistance zone is on the test at 1.0670

Technical analysis:

EUR/USD has been trading in the defined trading range and resistance zone at the price of 1.0670 is on the test.

Trading recommendation:

In case of the breakout and hold above the resistance at 1.0670, watch for buying opportunities on the intraday dips with the upside objective at 1.0725

In case of the rejection or failed breakout, watch for selling opportunities with the downside objectives at 1.0590 and 1.0520