(DAILY NOTION) EUR/USD - U.S. Dollar Is Mostly Flat Against Euro, Next Mover: U.S. Stimulus negotiation & Brexit Updates

The U.S. dollar remain most flat against other currencies while the EUR/USD is trying to settle above the resistance level of 1.2155.

The EUR/USD is less volatile than GBP/USD as today the traders will more focus on the Brexit updates that may emerge. However, once the announcement of final results of current negotiations should be able to gain material momentum for EUR/USD.

Besides that, traders will wait for updates on U.S. stimulus negotiations as well as the upcoming Fed interest rate decision. At this point, it looks like both sides are willing to come out with a deal at the end of the year.

EUR/USD continues its attempts to settle above the resistance level at 1.2155. A move above this level will push EUR/USD towards the next resistance level at 1.2175. If EUR/USD settles above the resistance level at 1.2175, it will head towards the resistance level at 1.2220.

FOLLOWME Overall Sentiment (As of 5:20 p.m.)

As shown above, the overall sentiment of FOLLOWME traders in this symbol leans towards short-selling with a ratio of 63.37% while the rest of 36.63% is long position.