EUR/USD trade idea for December 21-25

Last week the EURUSD failed to break down the strong support at 1.08
In our view the 1.08 support line will continue to hold until some good economic news from the US. That might happen this week as there are some high-impact news events.

If that won’t happen the EUR/USD will try to break the 1.0880 resistance. That might be easier…

EURO-DOLLAR.Com Top Forex Brokers
Trade EUR/USD with AVA Trade
Trade EUR/USD with eTORO
Trade EUR/USD with XM.Com

Our trade ideas for the upcoming week:

  • BUY-STOP EUR/USD at 1.0880. TP at 1.0975. SL at 1.0805
  • SELL-STOP EUR/USD at 1.0805. TP at 1.0640. SL at 1.088

EURUSD Forecast

AVA Trade
Trade With Confidence
Award-winning innovative broker. Segregated accounts with leading international banks.+200 financial instruments for trading.
$30 No Deposit Bonus
Open an XM Zero account and trade with spreads as low as 0! Average EUR/USD spread 0.1
eToro Social Trading
Copy Successful Traders
Automatically copy leading traders in eToro community. Expert trader? get copied yourself to earn a second income!

Forex trader. Forex algorithm developer. Hedge fund owner.

Leave a Reply

You must be logged in to post a comment.