Forecast for EUR/USD on December 30, 2020

EUR/USD


The euro grew by 32 points on Tuesday, and now, by the end of the month, it is unlikely that any ideas are being implemented. In the meantime, restrained optimism is currently observed as a bill that was amended by US President Donald Trump to increase "anti-pandemic" payments to US citizens is being processed in the Senate. Trading volumes are below average.


The daily chart shows that the price tends to create a double divergence with the Marlin oscillator, the growth target is the 1.2323-1.2330 range near the October 2008 low.


The four-hour chart shows that the price is completely in an upward short-term trend that may turn into a sideways trend.


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