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Back Technical analysis
EUR/USD Forecast on December 12, 2025
On Thursday, the EUR/USD pair continued
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On Thursday, the EUR/USD pair continued its upward movement and consolidated above the 38.2% corrective level at 1.1718. Thus, the rise of the European currency may continue today toward the next Fibonacci level at 23.6% — 1.1795. A consolidation of the price below 1.1718 will work in favor of the U.S. dollar and trigger a decline toward the support level of 1.1645–1.1656. The wave structure on the hourly chart remains simple and clear. The most recent completed downward wave
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2025
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