We have vaccine! YES, but we also have a pandemic (still)
Europe is losing the coronavirus battle again. Spain, Portugal, France, etc. They have relapsed into high levels of infected people after having spent a very relaxed summer recovering. A double-top channel has kept the price of the euro in continuous consolidation. It seems to me that on Monday it will fall again ... and then it will bounce again towards 1.20.
Technical reversal in 12-year resistance! good trade! Entry: $ 1.16910 TP: $ 1.14274 SL: $ 1.17617 (TradingView Scale)