Decision Time for EURUSD
Burc Oran
December 28, 2020
EURUSD | Hourly Chart
EURUSD | Hourly Chart

EURUSD is testing the yellow trend line which has started from December’s top. Brexit deal and Trump’s signing of the stimulus package is weakening the dollar. If the price can break the 1.2238 resistance, a 1.2275 move may become imminent.

For downward moves. 1.2210 horizontal line can be the first important support. 

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