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Saturday, December 12, 2020

Forex Forecasts: EURUSD an opportunity to buy

Forex Forecasts: EURUSD an opportunity to buy

EUR/USD OANDA:EURUSD

Indeed, the EURUSD started in the bearish correction as we indicated in the selling opportunity this week, as the pair moves during the downside correction within a technical pattern, which is the widening triangle, targeting the uptrend and retesting the previous resistance at 1.2030, and thus a good opportunity to buy targeting 1.2354.

Buying is possible after breaching the widened triangle at 1.2173 if the pair rises without retesting the previous resistance.



from Trading Ideas https://ift.tt/2Kfpn1E
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