Technically, the market seems to be 'playing' around the support (Bearish Trendline + 200 EMA), of which I am to wait for a clarity before I sell the bearish channel or buy a break of support.
And if you look at most US pairs, in my restricted opinion at least, the market seems to be explicitly indecisive. I think investors are playing it safe awaiting that confidence from a plethora of economic numbers coming this week.
⚠️This coming weeks numbers: USD🇺🇸⚠️
Monday: New Home Sales (Jan)
Tuesday: CB Consumer Confidence (Feb)
Wednesday: GDP (QoQ)(Q4)
And if you look at most US pairs, in my restricted opinion at least, the market seems to be explicitly indecisive. I think investors are playing it safe awaiting that confidence from a plethora of economic numbers coming this week.
⚠️This coming weeks numbers: USD🇺🇸⚠️
Monday: New Home Sales (Jan)
Tuesday: CB Consumer Confidence (Feb)
Wednesday: GDP (QoQ)(Q4)