EUR/USD Analysis


Let’s take a look at the EUR/USD chart.

It seems we’re still in the process of forming a Contracting Triangle and we may see this contracting triangle continue to unravel until shortly before the new year or after the new year.

Look for the pair to continue down to around the 1.3300 area. Once it’s complete, look for the pair to potentially head back up to test the 1.3700 area and above.

Good luck with trading.