Euro has reached a key support area as far as I'm concerned and I wouldn't rule out a possibility that we're done with the downside. I'm not looking for quick move to the upside and instead I suspect we may see further consolidation before eventually breaking higher. Currently, it is very difficult to say how long this consolidation may last.
Time will tell.
Comments
SeaLionLLC
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I am looking for range bound consolidation here as well...
capitalpropertiesfx
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Indeed. Range bound consolidation is the most likely scenario right now.