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Back Technical analysis
EUR/USD Forecast on December 18, 2025
On Wednesday, the EUR/USD pair declined
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On Wednesday, the EUR/USD pair declined to the 38.2% retracement level at 1.1718, rebounded from it, reversed in favor of the European currency, and began a growth phase toward the resistance level at 1.1795–1.1802. A consolidation below the 1.1718 level would favor the US dollar and a resumption of the decline toward the support level at 1.1645–1.1656. The wave structure on the hourly chart remains simple and clear. The most recent completed downward wave did not break the low
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2025
Summary
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