UK announcing a national lockdown and doubts arising about the vaccines’ effectiveness on a new coronavirus strain coming from South Africa, spread fear in the market, pushing US equities to close lower on the first trading day of the year. Despite the overall sour sentiment, our bias remains bullish on the Euro in the near-term, looking to buy dips for a possible 1.23 retest, and possibly above.
1.2215 / 1.2175
1.23 / 1.2350
