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13.12.2019 03:42 PM
Evening review for EURUSD for 12/13/2019

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On Friday, the market is likely to have a quiet day - after strong movements on Thursday.

The election in Britain was confidently won by the conservatives and this is good for both Britain and the EU. Finally, the problem of Brexit will get a normal solution on January 31.

Another positive is the emerging progress in the Trump-China trade talks.

So we have to look at the closing prices of the day:

EURUSD - closing the day and week above 1.1180 gives a strong signal for a big upward trend.

We keep purchases from 1.1035 stop at breakeven.

Jozef Kovach,
Analytical expert of InstaForex
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