After hitting a weekly support level, EURUSD has been consolidating for the last few weeks, and is forming a squeeze pattern.
We expected a break to the upside, but now it’s not clear which way the market wants to go.
We will wait for a clear breakout of the squeeze consolidation to determine direction and trade entry.
We expected a break to the upside, but now it’s not clear which way the market wants to go.
We will wait for a clear breakout of the squeeze consolidation to determine direction and trade entry.