Happy New Year to Everybody!
I have missed the market for a while. It looks like EUR/USD is pretty steady between 1.3600 and 1.3800. The break below the trend line after the false breakout above 1.3800 could mean some selling pressure. I would keep an eye on a short term breakout above 1.3677/1.3700 which could trigger a rally to 1.3750 or 1.3800. On the other hand a close under 1.3600 could send the Euro lower to 1.3550/1.3500.
I have missed the market for a while. It looks like EUR/USD is pretty steady between 1.3600 and 1.3800. The break below the trend line after the false breakout above 1.3800 could mean some selling pressure. I would keep an eye on a short term breakout above 1.3677/1.3700 which could trigger a rally to 1.3750 or 1.3800. On the other hand a close under 1.3600 could send the Euro lower to 1.3550/1.3500.