In this above analysis, I show both scenarios may be happening in the future. Take a position as your own calculation if anyone happen. Now wait for the good opportunity
HAPPY TRADING
EURUSD gave a seeming smooth breakout at the 1.20 level on the weekly chart, until the price began to reverse as the USD began to strengthen. Now the price is returning to the long drawn downward sloping weekly trendline. Where will the price go from here?
Will the Dollar bulls take the dollar higher leading to a downward push in the EURUSD pair? Or will the...
