FX.co - Evening review of EUR/USD for December 1, 2020

1 December 2020 at 3:27PM (UTC+0)

Relevance until2 December 2020 at 2:10PM (UTC+0)

EUR/USD: the pair may reverse.

Traders may open buy positions from the current levels, stop is at 1.2012.

It is also possible to enter the market from the level of 1.2012, stop is at 1.1960.

After a reverse, sell positions could be opened from 1.1922.

We continue monitoring the situation.

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

Analytical expert

Jozef Kovach

FX.co ★ Evening review of EUR/USD for December 1, 2020