News on Monday morning: China is reducing import duties on a wide range of goods namely frozen meat, pharmaceuticals, and some high-tech goods. This decline comes amidst an attempt by the US and China to finally reach an agreement on a "phase 1" of trade negotiations. Perhaps, this reduction of fees will help stop the Trump-China trade war.
In other aspects, markets stop for the Christmas holidays. Christmas in the West is on December 25 (from 25 to 26).
EUR/USD: Growth is stopped but not reversed.
The euro could not hold above the level of 1.1100, and may experience a new decline.
Continue buying from 1.1035, and stop at the breakeven point of 1.1035.
Possible purchases at a breakthrough of 1.1200 up.
