My picks: flat EURUSD, awaiting break from range
Expertise: Technical
Average Time Frame of Trades:
From daily chart patterns, I do expect a sharp decline in the EURUSD. However, a triangle remains possible (forming since above 1.4300), as does a flat (price would come under 1.3750). It is also possible that a significant top is in place above 1.4300. Near term structure is bearish against 1.4203. Short term Fibonacci resistance is at 1.4100.
