- December 13, 2020
- Posted by: virtualxstore
- Category: trading
Indeed, the EURUSD started in the correction as we indicated in the selling opportunity this week, as the pair moves during the downside correction within a technical pattern, which is the widening triangle, targeting the uptrend and retesting the previous resistance at 1.2030, and thus a good opportunity to buy targeting 1.2354.
Buying is possible after breaching the widened triangle at 1.2173 if the pair rises without retesting the previous resistance.