As per Friday's (18th Dec) forecast, I expected EU to perform some pullback for further bullish continuation. If the bullish trend is healthy, market should re-test the 1.2170 support before the further upwards momentum. However, if the 1.2170 support zone is being violated, a short-term bearish setup towards 1.2070 is expected. Currently looking for long opportunities if EU rejects the 1.2170 support zone with 1.24 - 1.25 as target.
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