Greetings.
The EUR/USD is starting to channel off and we have a couple alternate counts for where its headed. Of course, one says it’s going up and one says it’s going down.
I have drawn in a trend line and two high/low points of the current channel. When it starts going sideways, look for a nice breakout.
Look for the pair to continue heading up. Confirmation of a long trade comes when it closes above the top black line. The good thing about this is that you’ll know fairly quickly which forecast to go with. Be sure to check for any major news announcements.
Good Luck!
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