Razvan

EURUSD - Weekly consolidation

FX:EURUSD   Euro / U.S. Dollar
0
EURUSD consolidated itself right under the trend line, on the weekly chart. For the moment there is no clear signal for the next move. Looking at the price action, we should wait for a break over the main trend's trend line, or under the correction's trendline. For faster signals we could look over the RSI or the ROC.
The chart might give even more details than what i wrote. Do you have any suggestions?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.