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Buy a break beyond 1.2185 with your tp at 1.2212.

Buy a break beyond 1.2185 with your tp at 1.2212. | 15 December 2020

15 December 2020, EUR/USD

Remain long

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.

Imelda Maseno
Analyst of «FreshForex» company
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