Daily technical analysis 11.27.2020

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  • Post category:Forex

EUR/USD Current level – 1.1911

The currency pair failed to stay above the important resistance at 1.1920 and it is expected for it to test this level again. If the EUR/USD manages to breach the resistance at 1.1920, it should head towards the local high at 1.2010. Conversely, if the test proves to be unsuccessful, the pair could enter a corrective phase, which should be limited by the support levels at 1.1892 and at 1.1827.

resistance
intradayintraweek
1.19801.2010
1.19801.2110
support
intradayintraweek
1.18921.1798
1.18271.1761