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Yesterday the euro recovered positions, due to good market optimism waiting to generate an agreement between Democrats and Republicans in the United States before the year end, thereby avoiding a fiscal disaster.
The euro rose from the weekly pivot of 1.29; so far the euro is a little exhausted in the uptrend.
Given that the euro has not exceeded its maximum in the week, we have a good chance of selling price for any level below 1.30, with a very tight stop loss at 1.3030, and our profit taking at 1.2830 in the short term.
Markets are becoming less liquid and more prone to sudden and significant changes, so you should be very cautious with this pair, not leverage its account and always operate with the stop loss.
If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com
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