The Euro hits fresh 32-month high above 1.21 as expected, amid broad-based dollar sell-off and a slowdown in coronavirus cases across Europe. The USD failed to gain any breathing space and remained depressed following the release of ADP report, which showed that private-sector employers added 307K jobs in November as against 410K anticipated. Today, same as yesterday, we will be buying dips in this market targeting at least 1.2180.
Support: 1.2080 / 1.20
Resistance: 1.2180/ 1.2250
