Fundamentally to get the markets moving :
- Uncertainty from elections - the polls may not be as trust worthy just like it was yrs ago..
- We are still playing circus act with stimulus ( )
Whilst this plays the same way - we will be in a range until things have settled with those two fundamental drivers.
Technical view :
- For this moment of time concentrate on the channel - until it isn't broken the Bulls are still in control - after it breaks out take the trade down or wait for the longer term buy opportunities where I have noted Buy Zones.
- Play the range, there are opportunities.
Longer term targets still stand the same as my previous analysis on EURUSD .
Key Tips: Treat trading like a business, you want to buy at the best price and sell it at a great opportunity and check where are we within the cycle economically- PRICE IS KEY.
Have a great week ahead.
All the best,
Trade Journal (TJ)
(Disclaimer: Just a trade idea, not a recommendation)