Forex EUR/USD Daily Video, December 22, 2021

[Sive Morten]

Good morning,

Downside action has started relatively well, but as we have few risk factors today - don't forget to move stops to breakeven:

 

[Brett Reynolds]

Still holding 'Buy' on EUR & $/Kiwi...

 

[vortrade]

Weekly close below 112 is def bearish the euro, yet that line looks decent for now. Still, I would tend to sell into rallies here as it looks like a good downside target at 110 would match the head and shoulders pattern target of ~6 handles from 116, the bottom of the first shoulder (plus looks like solid bearish divergence has been playing out).

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