Technical analysis EURUSD for 03.12.2024
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines

Key levels
1.05902, 1.05311, 1.05261, 1.05131 ,1.04685
Trading scenario
Recommended opening long positions (Buy Stop) from the level of 1.05131, with Take Profit of 1.05311 and Stop Loss of 1.04950
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 1.05261, with Take Profit of 1.05131 and Stop Loss of 1.05311