On Monday we looked at a EURUSD pattern that reminded us to stay flexible. It hints at a possible bullish reversal within a longer-term downtrend. But I’ll repeat what I wrote Monday: this pattern requires a daily close above the 1.1430 area to confirm it. Until that happens, EURUSD will remain range bound. And that’s an understatement. Just look at how indecisive the euro has been since that November 20th bearish engulfing day. I’m not surprised though. That session on the 20th of last month was right before the U.S. Thanksgiving holiday. It usually marks the start of the relatively slow year-end period that runs ... (full story)