capitalpropertiesfx

EURUSD - in the middle of nowhere.

FX:EURUSD   Euro / U.S. Dollar
5
EURUSD is most likely causing a lot of headache for both bulls and bears. As far as I'm concerned, we are in the middle of nowhere and most likely I'll wait until price reaches one of my Area of interest.

However, I was suprised that EUR failed around 1.28 so many times and that has made me very cautious about the long side. Clearly in bigger picture, trend is down and perhaps EUR is not yet ready to start a bigger correction.

Time will tell. Watching.

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