Euro / U.S. DollarUpdated EURUSD 240 Ranging
In my humble opinion, I believe that the market will be ranging for quite some time, before going long again. The red zone is my estimation where the market will continue to range. Plus ADX indicator shows below 25 which means the market is not in trend.
Note
A sudden drop in the market, probably the market will correct itself to the red zone
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.