The UK government has dropped plans for full border checks on goods coming in from the EU from 1 January 2021 over fears of the economic impact of corona virus.
EUR/USD has been trading downwards. The price tested and rejected of the level at 1,1275. There is potential that 4H time-frame is on the running flat pattern, which is sign that there is potential for the upside…
Watch for selling buying opportunities due to the potential end of the downward correction.
I see potential for the upside rotation towards the level at 1,1400.
Support level is seen at the price of 1,1250
Stochastic oscillator is showing fresh bull cross, which is another sign for potential rise…