BostonJoe

EUR/USD trending sideways for now.

FX:EURUSD   Euro / U.S. Dollar
We are stuck trending sideways, and I fear its for the rest of the week. I am hoping we get confirmation tomorrow. Friday trades are super risky. If you notice my two yellow trend lines fall right on the fib retracement lines. We are looking for a break beyond either one. I'm leaning neutral but expecting bulls soon.

Keep in mind that there will be a huge USD deflation coming. This will be a bull year for the EURO, BUT if we break down below 1.11914 a new analysis will have to to considered

EURUSD

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