EurUsd should decide already
Since the recent low from 3 weeks ago, EurUsd is trading in a congesting range that looks like a symmetrical triangle.
Usually, this pattern is a continuation one, but considering the fact that December is statistically a weak USD month, we can have a break to the upside.
Such a break would not change the overall bearish trend, just lift some weight from Euro's shoulders and a new leg a correction can follow.
1.15 zone could be bulls target with negation under 1.1220
Wait and see is my approach for this pair
Usually, this pattern is a continuation one, but considering the fact that December is statistically a weak USD month, we can have a break to the upside.
Such a break would not change the overall bearish trend, just lift some weight from Euro's shoulders and a new leg a correction can follow.
1.15 zone could be bulls target with negation under 1.1220
Wait and see is my approach for this pair
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