Daily Support & Resistance

December 8 2021

USDCAD under pressure ahead of tonight’s Bank of Canada’ monetary policy meeting

Support and Resistance

MAJORS

USDJPY

Resistance 113.70 and 114.20

Support 113.00 and 112.50

EURUSD

Resistance 1.1300 and 1.1350

Support 1.1240 and 1.1190

GBPUSD

Resistance 1.3280 and 1.3330

Support 1.3200 and 1.3150

USDCHF

Resistance 0.9270 and 0.9320

Support 0.9210 and 0.9160

COMMODITY CURRENCIES

USDCAD

Resistance 1.2680 and 1.2730

Support 1.2610 and 1.2560

AUDUSD

Resistance 0.7140 and 0.7190

Support 0.7080 and 0.7030

NZDUSD

Resistance 0.6790 and 0.6840

Support 0.6730 and 0.6680

CROSS-CURRENCY PAIRS

EURJPY

Resistance 128.20 and 128.70

Support 127.50 and 127.00

EURGBP

Resistance 0.8560 and 0.8610

Support 0.8490 and 0.8440

GBPJPY

Resistance 150.70 and 151.40

Support 149.80 and 149.10

GBPCHF

Resistance 1.2280 and 1.2330

Support 1.2210 and 1.2160

EURCHF

Resistance 1.0450 and 1.0500

Support 1.0390 and 1.0340

GOLD

Resistance 1790.00 and 1800.00

Support 1778.00 and 1768.00

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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