Week Forecast 18-23 of December.
As being close of the end of year we can expect less volatility, so the expectation is that the EURUSD will keep in the horizontal zone, giving opportunity to wait to reach support line in 1.05083 giving opportunity for a pullback to the horizontal zone and possible break up to 1.0800.
Be aware of the breakdown zone in 1.04000
EURUSD
This is a Long Trade:
BUY Entry Point: 1.05100
Take Profit in 1.07500
Stop Loss in 1.03600
RIS/Reward of 1.5
As being close of the end of year we can expect less volatility, so the expectation is that the EURUSD will keep in the horizontal zone, giving opportunity to wait to reach support line in 1.05083 giving opportunity for a pullback to the horizontal zone and possible break up to 1.0800.
Be aware of the breakdown zone in 1.04000
EURUSDThis is a Long Trade:
BUY Entry Point: 1.05100
Take Profit in 1.07500
Stop Loss in 1.03600
RIS/Reward of 1.5
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.