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Fxcoz daily technical analysis 12.18

December

Dollar/yen day: there is pressure.
Turning point: 109.55
Trading strategy: below 109.55, bearish, target 109.35, then 109.25.
Euro/dollar day: pressure.

Euro/dollar day: pressure.
Turning point: 1.1145
Trading strategy: below 1.1145, bearish, target at 1.1120, then 1.1110.
Alternative: at 1.1145, bullish, target at 1.1155, then 1.1170.
The time mentioned above is at GMT + 8.

The time mentioned above is at GMT + 8.

Please note that trading hours may be changed by the appropriate exchange or liquidity provider.

Traders should also note that if liquidity is low, spreads can increase significantly from normal levels.

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