EUR/USD, a year latter and what next!?
Here we are a year latter, EUR/USD is on the same place. You can see the consolidation range during the 2015. in my weekly chart, in between 1.0460 and 1.1530. There was only one attempt to break up, or could we say to collect the stops, when the huge players have reached 1.1712 in August 2015. Here we are in February 2016., at the same level as before 12 months, at 1.1300. So, what next? As I see it, there is possibility for buyers to try one more time for real and tu push the euro toward Weekly MA100, which is placed at 1.1966 at this moment. It’s possible that we could see retreet toward 1.100 at first and then attack up and that is what I will trade if happens. Sure, the pair is not far away now at 1.1230, but let’s see what will happen in the next week and we could disqus it then. Be aware of this opportunity and trade here with me. How do you see this?