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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.