On D1, the market type is sideways starting May 19th. Last week charts shows less activity but the price has started to plot below the 20 daily moving average which indicates a possible shift of momentum.
With numerous major risk events for both EUR and USD currency, it is high likely that the market will breakout from the current range between 1.1282 and 1.1110.
With numerous major risk events for both EUR and USD currency, it is high likely that the market will breakout from the current range between 1.1282 and 1.1110.
