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FX.co ★ Trading plan on EUR/USD for December 18. The euro keeps growing.

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Forex Analysis:::2019-12-18T06:52:57

Trading plan on EUR/USD for December 18. The euro keeps growing.

 Trading plan on EUR/USD for December 18. The euro keeps growing.

The British pound has shown a significant pullback as news of Prime Minister Johnson's desire to rule out any possibility of postponing Brexit was released. The euro, meanwhile, is still holding up.

There is no strong news yet, but a new wave of growth, a breakthrough up to 1.1200 and consolidation above, is expected with the euro.

Keep purchasing at 1.1035.

Possible purchases on the breakthrough of 1.1200.

In case of a decline to 1.1035, close purchases and sales.

Analyst InstaForex
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