Elijah_Trading

This Week on EURUSD

Long
OANDA:EURUSD   Euro / U.S. Dollar
There is not much market correlation with other pairs excluding USDCHF alongside the dollar. Typically foreign pairs should be moving against the dollar, but because we're here in a range and forming some manipulation across the market, expect everything not to line up. It's probably not smart to trade one pair and expecting the same correlation with another pair that you are used to seeing. There is divergence between the dollar and the euro , we are not seeing the same divergence across other markets. So keep that in mind.

Expect Pairs like USDCAD to be fairly bullish , and AUDUSD / NZDUSD to be fairly bearish.
Comment:
Am flipping bias for now. No more up :(

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