EURUSD 720 16th Dec
According to previous analysis ( link to related idea), it is valid yet.
At this moment, the EUR touch 1.2213 resistance and the price stops below it. Also , we must pay attention to the last days of the year. Finally, the currency pair will break resistance 1.2213 and the EUR rally will continue towards the resistance levels ( 1.2400 and 1.2500).
At this moment, the EUR touch 1.2213 resistance and the price stops below it. Also , we must pay attention to the last days of the year. Finally, the currency pair will break resistance 1.2213 and the EUR rally will continue towards the resistance levels ( 1.2400 and 1.2500).
Note
one of the alternative scenarios also could be this:
Note
the current scenario is based on this analysis 
Trade fermée: cible de profit atteinte
our target reached and we are shorting it now as we are observing a bearish divergence which is a sign of trend reversal
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.