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FX.co ★ Morning review for EUR/USD on February 15

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Forex Analysis:::2021-02-15T07:33:38

Morning review for EUR/USD on February 15

Morning review for EUR/USD on February 15

EUR / USD, H4 chart

The opening of the week began with a rise in oil prices - Brent oil reached $ 64. This is positive news for the dollar.

A downward reversal in the euro is possible.

So far, we can keep buying from 1.2060 - but it is possible to turn to short positions from 1.2080.

Thus, a profit of almost half of the standard stop (45 pips) can be obtained.

Important news will be released on Wednesday: US retail sales and the Fed's minutes

Analyst InstaForex
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