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No announcement yet.
EURUSD consolidate already 5-weeks at 1.12.
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EUR/USD is still range-bound and it testing the support at 1.2300, I think it will rebound again from it though and rally back to 1.2340.
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The pair pulled back from 1.2550 despite the breakout, it seems that the range will continue until next week.
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It did reach 1.2500 and it is testing that level, I think it may rally to 1.2600 or above if it breaks out above it.
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The move to the upside still continues, I think the rally may last even to 1.2500 again.
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Surprisingly enough, the pair rebounde from 1.2200 and it appears the correction will last at least until 1.2430.
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The pair is consolidating sideways for now, I think that next week the depreciation will likely continue.
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It fell all the way down to 1.2210 before rebounding from that level, I think that once the current retracement is over it will keep falling.
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I think there has finally been a breakout to the downside, I think next target will be around 1.2300.
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The pair rebounded from 1.2335 after all, but it will likely make a third attempt to break out below that level soon.
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The correction continues for the moment and the pair will likely depreciate below 1.2300.
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EUR/USD climbed above 1.2500 and is still so bullish I wouldn't be surprised if it continues moving to the upside toward 1.2600.
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EUR/USD is range-bound below 1.2300 and since today there are no big news range will probably continue until next week.
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The fundamentals caused a big rally, I wouldn't be surprised if it reaches 1.1500 next.
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