EUR/USD

mlawson71

961 by mlawson71

It closed at 1.1880, next week we may see the move north continue developing.

mlawson71

962 by mlawson71

I expected a gap when the pair opened today but there is no such thing. It is, however, pretty bullish, so the move north will likely continue.

mlawson71

963 by mlawson71

What has to happen for this range to end, not even the elections ended it.

mlawson71

964 by mlawson71

The pair is climbing back up toward 1.1850 but I doubt it will break out above 1.1900 this week.

mlawson71

965 by mlawson71

It closed at 1.1830, it couldn't even rally above that. Will this consolidation ever end?

mlawson71

966 by mlawson71

I am getting the unpleasant feeling that this consolidation will not end before Christmas...

mlawson71

967 by mlawson71

The move north continues for now, hopefully it will reach 1.2000. If it breaks out above that level - even better!

mlawson71

968 by mlawson71

It is quite bullish again, let's see whether it will finally rally to 1.2000.

mlawson71

969 by mlawson71

It closed at 1.1960, hopefully next week it will test 1.2000 at least.

mlawson71

970 by mlawson71

The pair is climbing up toward 1.2000 but it is yet to break out above that level. If it does we may see a big rally before the end of 2020!