Monday 23 February 2015




Is anyone else tired of the EUR/USD range? Is it just me? Because after weeks of waiting I am tired and frustrated and I really wish it would end already. There is nothing more frustrating than range that doesn’t seem to end.

That said, I think there might be a glimmer of hope, because the pair formed a marubozu candlestick on the daily filter chart and slowly started dropping. I doubt that is any indication that the bearish trend is about to continue but we might see a movement to the downside until the pair reaches 1.1240.

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