Buy a break beyond 1.2185 with your tp at 1.2212. | 15 December 2020
15 December 2020, EUR/USD
Technical observation
On this chart, I am still looking at the following levels 1.2161,1.2106,1.2047, and 1.1962. If the price approaches any on these levels but does not break beyond them, then I will be looking for a trade. If the price breaks and closes beyond any of these levels, then I will be looking for a continuation in that direction. As it is now, I am expecting a possible rally rally upwards and at this point, only buy positions looks ideal and can safely be recommended with the next ideal target set at 1.22.
Trade Recommendations:
Buy a break beyond 1.2185 with your tp at 1.2212.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
