BostonJoe

EUR/USD trending sideways for now.

FX:EURUSD   Euro / Dolar A.S.
We are stuck trending sideways, and I fear its for the rest of the week. I am hoping we get confirmation tomorrow. Friday trades are super risky. If you notice my two yellow trend lines fall right on the fib retracement lines. We are looking for a break beyond either one. I'm leaning neutral but expecting bulls soon.

Keep in mind that there will be a huge USD deflation coming. This will be a bull year for the EURO, BUT if we break down below 1.11914 a new analysis will have to to considered

EURUSD

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Disclaimer
The material and information contained in this analysis is for general information and educational purposes only. You should not rely upon the material or information on any of my analysis as a basis for making any business, legal, or any other decisions.

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