FX.co - Outlook on EUR/USD for December 15, 2020

15 December 2020 at 5:29PM (UTC+0)

Relevance until16 December 2020 at 3:35PM (UTC+0)

EURUSD before the Fed.

The euro cannot be determined in any way - from the level of 1.2180, the euro was powerfully thrown off by sellers.

However, from 1.2120 buyers begin to enter.

Prepare to buy from 1.2175.

Sell from 1.2105.

The Fed meeting is scheduled for Wednesday, and the US employment report is expected on Thursday.

*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 EUR/USD for December 15, 2020