EURUSD is consolidating on the weekly chart above 5 sma, there is not so much momentum building on the bearish side, but instead I see a good uptrend yet (channel).
On the daily chart EURUSD is bearish, testing its "new" range which should be - 2180/2050. There is good bearish pressure that has build below 2250.
In the 4 hours chart above 2050 there are still some chances for it to test 2175/2200, we are in bearish consolidation.
FOMC will be the event of the week.
On the daily chart EURUSD is bearish, testing its "new" range which should be - 2180/2050. There is good bearish pressure that has build below 2250.
In the 4 hours chart above 2050 there are still some chances for it to test 2175/2200, we are in bearish consolidation.
FOMC will be the event of the week.
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