Mihai_Iacob

EurUsd- My scenarios

OANDA:EURUSD   欧元/美元
For almost a month now, EurUsd is stuck in a range between 1.1250 and 1.1350.
The pair should find a direction soon and considering December is usually a weak USD month, this direction could be up.
However, for EurUsd to put a leg up, it needs to clearly break above 1.1350. This will not change the overall trend, which is grossly bearish, but could mean a rise to 1.15 zone.
On the other hand, a drop under 1.1250 can lead to new losses for the single currency and we can see 1.1 by year's end

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