While EURUSD has been more sideways and up and down than basicly any other pair this year, the overall trend is still still up. after the ECB Press Conference last week we saw this huge spike up due to good news bringing us back above the trendline. after that its no surprise that movement hasnt really been there the last couple of days.
but if we now can break the consolidation i think we will be in a good place to see a bit more momentum kicking in. thats why i will be looking for trendcontinuation longs if it happens.
but if we now can break the consolidation i think we will be in a good place to see a bit more momentum kicking in. thats why i will be looking for trendcontinuation longs if it happens.