Technical Analysis : EUR/USD - 29 December 2020

Technical Analysis : EUR/USD - 29 December 2020

EUR/USD Intraday: the upside prevails.

Our preference: long positions above 1.2215 with targets at 1.2270 & 1.2290 in extension.

Alternative scenario: below 1.2215 look for further downside with 1.2200 & 1.2190 as targets.

Comment: the RSI advocates for further upside.