EURUSD Has been boring to trade for the past few weeks due to the lack of action in the US Economy. Even the big spikes today only allowed for scalps not really any good range trading just sideways boredom :P
As we expect, we are after first 5 Eliot's waves and first correction ABC of new trend after consolidation in triangle.
Propably we should see 1.0810 and then 1.0500. Most of banks is on sell and they will defend Fibo levels of correcions.