FOREXCOM:EURUSD   Euro / U.S. Dollar
Massive wedge pattern nearing the apex of the pattern. Volatility is at all-time lows, and RSI is in the lower range as well. Last time volatility was this low (2014) price proceeded 3,200 pips (~23%) to the downside. 1.12 is a huge support area, so there will need to be a serious fundamental development to get a trend going. Stay tuned for me.

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.