EUR/USD analysis for December 25 2020 - gtrendline and potential for the rally towards 1.2215

Further Development


Analyzing the current trading chart of EUR/USD, I found that there is rising trend line and support on the test.

Stochastic oscillator is is bearish but waiting for the fresh bull cross signal can be good strategy.

Key Levels:

Resistance: 1,1215

Support level: 1,2175

The material has been provided by InstaForex Company -