EURUSD Trade Idea

14 בדצמ׳ 2020

The price action of EU is relatively clean. First impulse followed by a correction (flag formation), a break of the pattern with a re-test. We should be able to see some continuation upwards as there's no clear resistance till 1.24 - 1.25 unless there's catalyst bringing bearish sentiment into the market. If EU turns bearish, 1.20 is a technical support to watch out. However, do not try to predict the market, trade what you see not what you think.

Trade safe.