EUR/USD analysis for December 28, 2018 - ConsultFX

EUR/USD analysis for December 28, 2018


Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1470. According to the M15 time – frame, I have found that price is trading above the Ichimoku cloud and above the daily pivot (1.1410), which is a sign that buyers are in control today. I also found that triple top formation on the point and figure chart, which is another sign of strength. My advice is to watch for buying opportunities. The upward target is set at the price of 1.1512 (resistance 1).

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