EURUSD Overview for the week started 17.12.18

This pair closed below the key level of 1.1350 last week. As the US Dollar remains strong and expected to advance further with interest rate hike announcement coming up, we expect further weakness in this pair.

Trade Idea is to sell on retracement towards 1.1370 – 1.1400 zone with the possible target 1.1270 – 1.1240 area.

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