<<29/11/2020>>
Well we have seen a break of trendline and a good pole and flag breakout on Friday. with Thursday and Friday majorly being a off because of Thanks giving, there wasn't much of a participation from US. Also the pole and flag breakout isnt supported with massive volumes.
Majority of data will be coming in this week from the US government, plus the presidential election voting following up soon after, first 15 days of December will be very crucial for the pair. We might see change of gears for EURO from bearish to bullish.
Currently I will stand neutral on positional trade.
Will be updating this thread majority of time. Also, this is my first time on a larger platform. Hoping for the best.
Cheers.!!
Well we have seen a break of trendline and a good pole and flag breakout on Friday. with Thursday and Friday majorly being a off because of Thanks giving, there wasn't much of a participation from US. Also the pole and flag breakout isnt supported with massive volumes.
Majority of data will be coming in this week from the US government, plus the presidential election voting following up soon after, first 15 days of December will be very crucial for the pair. We might see change of gears for EURO from bearish to bullish.
Currently I will stand neutral on positional trade.
Will be updating this thread majority of time. Also, this is my first time on a larger platform. Hoping for the best.
Cheers.!!