FX.co - Outlook on EURUSD for December 7, 2020

2020-12-07T15:18:44

Relevance until2020-12-08

EURUSD - a reversal is possible.

You may keep buying from the level of 1.2000 - 1.2075.

A downward pullback is possible from 1.2077.

The ECB's meeting is scheduled on Thursday which will be the decisive day for the euro.

*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 ★ Outlook on EURUSD for December 7, 2020