Daily Support & Resistance

December 1 2021

The USD spiked higher as Powell admits Inflation is no longer transitory! However, the EURUSD has recovered most of its lost ground quickly. http://www.eightdragonscapitl.com

Support and Resistance

MAJORS

USDJPY

Resistance 113.80 and 114.20

Support 113.00 and 112.50

EURUSD

Resistance 1.1370 and 1.14200

Support 1.1280 and 1.1230

GBPUSD

Resistance 1.3330 and 1.3380

Support 1.3270 and 1.3220

USDCHF

Resistance 0.9270 and 0.9320

Support 0.9210 and 0.9160

COMMODITY CURRENCIES

USDCAD

Resistance 1.2830 and 1.2880

Support 1.2770 and 1.2720

AUDUSD

Resistance 0.7180 and 0.7230

Support 0.7110 and 0.7060

NZDUSD

Resistance 0.6860 and 0.6910

Support 0.6780 and 0.6730

CROSS-CURRENCY PAIRS

EURJPY

Resistance 128.70 and 129.20

Support 128.00 and 127.50

EURGBP

Resistance 0.8560 and 0.8610

Support 0.8490 and 0.8440

GBPJPY

Resistance 150.90 and 151.60

Support 149.90 and 149.20

GBPCHF

Resistance 1.2260 and 1.2310

Support 1.2180 and 1.2130

EURCHF

Resistance 1.0450 and 1.0500

Support 1.0390 and 1.0340

GOLD

Resistance 1782.00 and 1792.00

Support 1770.00 and 1760.00

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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