EURUSD has barreled through my previous targets tagged to this post. It has continued to consolidate and after a busy news week and despite volatility there was no true movement in the exchange rate it seems to have found some acceptance. However, with another busy news week that holds lots of weight in both pairs, I expect to see some nice movement in the price and have set swing targets for the rate from early November 2020 when the expeditious end of year run ultimately began. Though buyers now will have time to get out of positions with ease, I expect for it to have some crazy swings through these levels.
Comment:
Re-entry at this level