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EURUSD technical analysis 15.12.2020

EURUSD

The pair is trading flat amid Brexit uncertainty, while investors await the Fed's monetary policy decision. Markets hope that tomorrow the regulator will come up with something to support the severely troubled American economy. But, if this does not happen, the dollar may be stimulated to grow.

Technical side:

The price is above the middle Bollinger band, below SMA 5 and above SMA 14. RSI is above the 50% level and is declining. Stoch turn up.

EURUSD rate online:  monitor the price movement in real time.

Trading recommendations:

If the pair falls below the level of 1.2135, we should expect it to fall to 1.2090.

 

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