
Forex Technical Analysis & Forecast 23.12.2020
EURUSD, “Euro vs US Dollar”
After completing the descending wave at 1.2152 EURUSD has broken 1.2184 to the upside; right now, it is consolidating around the latter level. Possibly, the pair may break this range to the upside to reach 1.2218 and then fall to return to 1.2184. If later the price breaks this range to the upside, the market may start another growth towards 1.2330; if to the downside – resume trading downwards with the target at 1.2050.

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