REDATOR Ben Graham Posted December 5, 2025 REDATOR Report Share Posted December 5, 2025 EUR/USD is trading around 1.1644, below 3/8 Murray, and around 21 SMA. If the euro pulls back towards the 3/8 Murray or 1.1670 in the coming hours, it could be seen as an opportunity to resume selling. If the euro rises in the coming hours and tests the strong daily resistance at 1.1670, it could be a good time to enter short positions with a target at the 200 EMA at 1.1600.On the H4 chart, we can see that EUR/USD is in a downtrend channel, which could be confirmed if a pullback towards 1.1670 occurs, resuming its downtrend.The Eagle indicator is showing overbought signs. So, we believe that in case of a sharp break in the bullish trend channel, EUR/USD could gain downward momentum and reach 2/8 Murray at 1.1596 and finally the 0/8 Murray at 1.1475.The material has been provided by InstaForex Company - www.instaforex.com Visitante_8fcdf1ac and Visitante_b2cfc180 1 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.