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tradingwithyg
Apr 13, 2019 4:50 AM

EURUSD Weekly Chart 

Euro / U.S. DollarFOREX.com

Description

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.
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