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EURUSD 26 Dec 2023

EURUSD 26 Dec 2023 on the H4 timeframe, looks like the pair managed to initiate bullish and rallied to try to break R2. Above the kumo cloud on the ichimoku indicator, indicating the bullish trend is still likely to continue. If the pair is able to penetrated R2 and continues to strengthen, then go-long could be an option for traders. However, if there is a trend reversal after touching R2 then go-short is an option. Keep an eye on market movements and take into account all possibilities before making trading decisions.

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