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Forex Trading Outlook for the Week of December 22, 2014

Forex Trading Outlook for the Week of December 22, 2014

5 Years ago | December 20, 2014 00:00:00

This is a hard week to make a call given the time of year but the market had its chance to squeeze out the weak hands and failed to follow through on retracements. This setup the weakest close for the year in the EURUSD and has this currency setting sights on my 1.2040 long standing target. The immediate obstacle is 1.2200 as I explain in the following video update: 

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