FX.co - EUR/USD analysis for December 25 2020 - gtrendline and potential for the rally towards 1.2215

2020-12-25T12:44:40

Relevance until2020-12-27

Further Development

EUR/USD analysis for December 25 2020 - gtrendline and potential for the rally towards 1.2215

Analyzing the current trading chart of EUR/USD, I found that there is rising trend line and support on the test.

Stochastic oscillator is is bearish but waiting for the fresh bull cross signal can be good strategy.

Key Levels:

Resistance: 1,1215

Support level: 1,2175

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ EUR/USD analysis for December 25 2020 - gtrendline and potential for the rally towards 1.2215