EUR/USD
Medium term sentiment is still bearish.
However, currently, with all the major news breaking weekly it is difficult to garner absolute long term sentiment.
Currently, the price is in a descending triangle formation; although the previous ascending triangle didn't achieve its bullish target; wait for breakout of the triangle and then go short or long.
I personally am just 'scalping' for the next few months, waiting for a little bit of calm. So beware.
However, currently, with all the major news breaking weekly it is difficult to garner absolute long term sentiment.
Currently, the price is in a descending triangle formation; although the previous ascending triangle didn't achieve its bullish target; wait for breakout of the triangle and then go short or long.
I personally am just 'scalping' for the next few months, waiting for a little bit of calm. So beware.
Penafian
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