Weekly Price Action Setups & Key Levels | Dec 9-13

eurusd price action major resistance level dec 9 2ndskiesforex

EURUSD – Appproaching Key Resistance Level
Still truckin’ along on this current bull run from 1.3300, the pair has now gained 4 days in a row, with today potentially being the 5th. The pair is now approaching a major resistance level at 1.3820 which is the yearly high. Bears can look for price action signals to sell here, potentially on the 4hr or 1hr charts. You could also sell on weakness heading into the level with tight stops above. Meanwhile bulls can look for a corrective pullback towards 1.3645/50 area. Short term bias is bullish with 1.3820 being a key test for the bulls ahead.

GBPJPY – Looking Set To Test Big Figure at 170
After pulling back for 3 …

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