Technical Analysis for EURUSD - H1 Timeframe - December 29, 2021

- EUROUSD is below MA & Pivot Point. RSI is below 50 level mark. Down Trend is observed.
- Upward Triangle & Downward Channel is observed and price is reversing from the top of Down Channel.
- Triple Top can be observed and price has reversed from the top.
- Above 1.13222 a fresh buy may be entered.
- Alternative Scenario – Below S1 – 1.12942 an intraday down trend may start.
- Watch out levels for intraday trading.