We are on EURUSD at the bottom of a long congestion. Tricky, right here it decides between a trend down or high to the ceiling of the congestion? We will see.
It it just me, or will this pair continue consolidating until the second round of the elections? The range continues and there is no indication it will end any time soon.
EUR/USD is moving slightly up, making higher high's and higher lows (4H) chart.
Personally, I think the EUR will continue slightly to rise, because the first round of elections shows that Le Pen's chances are not so big to win. Nevertheless, another sharp movement we may see after the final result, but bottom line, in longer term I am expecting rising tendency with this market.