EURUSD Trade Idea

١٧ ديسمبر ٢٠٢٠

Overall, EU is trending upwards, respecting the flag pattern followed by a re-test, build up and a breakout. EU found some bearish pressure yesterday but on the 4h it respected the build up support very well with a long wick rejection (1.2175). Will be mainly focusing on the long opportunities with 1.24 - 1.25 as target, unless there's a sudden catalyst bringing bearish sentiment into the market.

Trade safe.