09 Diciembre 2020, EUR/USD
Technical observation
On the chart above, price is trading with an increasing bullish momentum above a supportive zone 1.2102-1.2097. I expect this upwards movement to continue to the resistance line 1.2175 followed by a clear breakout above it for a further surge to the upper side. My advice, if you bought this pair within the zone mentioned above after a bounce, remain long with your take profit at 1.2175. As it is on the chart above, as long as piece is contained above 1.2102-1.2091, only bullish positions as can be recommended. However, in case of a break below the same zone you can expect bearish movements towards 1.1995.
Trade recommendation
Remain long with your take profit at 1.2175.
en 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 