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02.12.2024 07:55 AM
Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Monday December 02, 2024.

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On the 4-hour chart, the EUR/USD major currency pair is seen strengthening, which is confirmed by the appearance of a Bullish 123 pattern followed by the appearance of 2 Bullish Ross Hook (RH) and the presence of hidden deviations between the Fiber price movement and the Stochastic Oscillator indicator so that as long as there is no correction that is deep enough and significant, especially if it breaks through and closes below the 1.0368 level, EUR/USD has the potential to strengthen to the 1.0665 level and if the momentum and volatility support it, 1.0735 will be the next target to be aimed for.

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