The daily forex analysis on December 28, 2020 this time will discuss the single currency of the euro zone, namely the Euro, which is moving stronger compared to the US dollar. The strengthening of the Euro is due to the Greenback's rally behind hopes of American stimulus. In addition, there are hopes that his optimism for the Brexit deal will also help strengthen the Euro. The latest news this morning that US President Donald Trump has signed a stimulus package for Covid-19 relief funds, this causes the US Dollar to weaken against other major currencies. Donald Trump on Sunday night local time was reported to have approved the Covid-19 relief fund stimulus plan. This was taken to avoid a government shutdown this Monday (December 28, 2020), in addition to also aiming to disburse unemployment benefits for millions of US citizens who lost their jobs due to the impact of the Corona pandemic. Trump's action to sign the stimulus package plan surprised the market, because previously in the past few days Trump had expressly refused to approve the stimulus plan, because it was considered too small. On the other hand, Trump directly said that he wanted to provide personal assistance worth $2000. Trump's plan is considered positive by the Democratic camp, but on the other hand rejected by the Republican camp.
Forex Daily Analysis Predictions

Today's FOREX prediction on the EURUSD pair is expected to continue its rise, and the recommended OP (Open Position) is
BUY at the level of 1.22150. With a Target Profit (TP) of 10 - 20 points and a Stop loss (SL) of 5 - 10 points.
Preference |
BULLISH |
Target Profit 1 |
1,22250 |
Target Profit 2 |
1,22350 |
Stop Loss 1 |
1,22100 |
Stop Loss 2 |
1,22050 |
This the daily analysis of forex on December 28, 2020. Keep Money Management and Risk Management first in your trading. Visit GIC Indonesia to get information about the world of
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