Tokoloho

EURUSD Proving dollar weakness across all pairs?

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OANDA:EURUSD   ユーロ/米ドル
Hi Mates, today the EURUSD is certainly interesting.

Expecting a skewed double-bottom setup during the New York session today. Since this market has pushed back into the consolidation rectangle, I am convinced that we should be expecting a move to the upside.

Most traders were looking TO SELL especially on larger timeframes such as the H4, BUT I know that the market is not yet ready to slump. In the meantime, we will buy this pair when a new low is printed as indicated in the analysis.

DANKO!!

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