13.12.201911:07 Forex Analysis & Reviews: Trader's Diary: EURUSD on 12/13/2019, British elections have changed the picture

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The ECB has not changed anything in the market as Christine Lagarde continues Draghi's super-soft policy on the ECB. This, however, did not drop the euro.

Furthermore, the Trump administration said it was ready to reduce duties on goods from China as long as China made concessions for the purchase of agricultural products in the United States and tightened its actions against theft of intellectual property in the United States.

But the main driver was the election in Britain where the Conservatives won with a strong advantage. The pound rose more than 300 points in the 4-digit. This is due to the fact that the majority at Johnson's party finally resolves the issue with the Brexit where the uncertainty will end on January 31st.

Good news for the euro as the EURUSD reached its highs in late October. If we close the week above 1.1180, a trend with a target of 1.1860 and above is very likely.

We keep purchases from 1.1035 and wait for the close of the day.

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