Technical analysis

EURUSD Wave Analysis – 18 December 2025

EURUSD: ⬇️ Sell

– EURUSD reversed from resistance area

– Likely to fall to support level 1.1600

EURUSD currency pair recently reversed from the resistance area between the resistance levels 1.1800 and 1.1910 (former multi-month high from September) – intersecting with the upper daily Bollinger Band.

The downward reversal from this from the resistance area created the daily Japanese candlesticks reversal pattern Shooting Star.

Given the strength of the nearby resistance area, EURUSD currency pair can be expected to fall to the next round support level 1.1600 (low of the previous wave 2).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: EURUSD

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