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EURUSD Has Not Turned Bearish

From dailypriceaction.com

There has been a lot of bearish euro rhetoric circling the web lately. But is it warranted? Watch today's video to get my thoughts on where the EURUSD might go from here. {video} EURUSD has been difficult to figure out lately. Since topping out at 1.1970 in early September, the euro has gone through weeks of consolidation. The tricky part has been trying to identify a favorable pattern from this. However, I never stopped being bullish in the long term. That’s something I’ve said since July. The fact that EURUSD is holding well above a multi-decade triangle can’t be ignored, in my opinion. The monthly chart above ... (full story)

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  • Category: Technical Analysis