EUR/USD, what a boring currency pair

mario-urlic-forex-eur-usd-14-09

You have probably notice that I don’t analyse EUR/USD lately at all and if you take a look on this daily chart closely, you will understand why. Even that the technical analysis works perfect, the pair is moving without much sense and it’s impossible to trade on trend here for a long time, what’s unfortunately not strange. Even before Brexit the major currency pair was in some kind of range for 16 months, what I wrote about on August 12. here in my blog. After Brexit, it has become even worst. There is so many S/R levels, trend lines on daily chart now because of what it’s so hard to predict something from here and as I see it, that’s almost impossible for me. That’s why I don’t write much about it, I really don’t have any view on this. Do you?

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2 comments

  • lol, it is really annoying

    Like

  • yea really boring pair tight range last like forever hehe, this week is crude oil and cad crosses for me had nice moves

    Like

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