ForexTrendline

Consolidation on EURUSD

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FX_IDC:EURUSD   ユーロ/米ドル
EURUSD has been trading sideways and without a clear direction since last week.
Moments like this doesn't give us any decent opportunities and if you're looking for high probability trades, it is much better to wait for a breakout.

Meanwhile, we have to see what is the more likely direction for price.

In case of a breakout of 1,1335 we will expect to see the market up at 1,1440. As of right now, we don't yet have a confirmation so this setup is very risky.
We will be watching out for a breakout and retest.

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