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EURUSD is approaching support, potential bounce | 31 Dec 2020

By admin_mrketsIn ForexPosted December 31, 2020
EURUSD is approaching support, potential bounce | 31 Dec 2020 for FX:EURUSD by FXCM


EURUSD is approaching support, potential bounce | 31 Dec 2020

Euro Fx/U.S. Dollar FX:EURUSD
FXCM



Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

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