The EURUSD consolidated in today’s Asia morning after surging a second straight day yesterday. Significantly, the EURUSD has just reclaimed the January low and the 50% Fib retrace of the February to March bear extension…
The EURUSD is consolidating going into today’s European morning after 3 straight days of gains. Significantly, the EURUSD is once again trying to halt the downchannel (on the weekly chart), with a test of downchannel resistance coming as early as after today’s 745am EST release of the ECB’s Main Refinancing Rate and Monetary Policy Statement, or following the 830am EST ECB Press Conference…
The EURUSD is consolidating in today’s Asia morning after yesterday’s roughly 100 pip gain from the day’s low to its high. Significantly, the EURUSD has broken above the December high and downchannel/descending wedge resistance (on the weekly chart)…
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