Trading idea for this week on ERUSD
Looking at monthly chart i think the uptrend for the EUR is over and we could see a significant downward move on this pair. Also Europe is planning to continue with its Stimulus for some more time....
For now this pair is in a range and i would assume it to be in this range for the next 2-3 weeks.
The bigger butterfly pattern from the daily chart, I doubt if it would complete and reach its D point
For now this pair is in a range and i would assume it to be in this range for the next 2-3 weeks.
The bigger butterfly pattern from the daily chart, I doubt if it would complete and reach its D point
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