EUR index has reached the bottom end of the channel and has started consolidating, creating wicks. Price has wicked below the channel a few times but hasn't closed and i expect a push upwards very soon. Watch for a breakout of the range for further strength before entering any EURxxx BUY & xxxEUR SELL trades.
We had a few good entries on EUR pairs in the group...
Possibility of some up-side in the Euro in the coming weeks. We've had a strong push down from the monthly highs that also failed to break above previous all time highs. A triple top style pattern was also formed in this region which is a strong indicator of longer term downside within the Euro. At the minute however, we have had a daily descending correction into...