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FX.co ★ EUR/USD analysis for December 26, 2018

EUR/USD analysis for December 26, 2018

EUR/USD analysis for December 26, 2018

Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1381. According to the M15 time frame, I found that the price is trading below the Ichimoku cloud, which is a sign that sellers are in control. I also found that there is a triple bottom, which is another sign of weakness. Watch for selling opportunities. The downward target is set at the price of 1.1356.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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