EUR/USD in a Broadening Formation as Markets Seem Confused

EUR/USD in a Broadening Formation as Markets Seem Confused

 
EUR/USD
+0.59%

EUR/USD’s megaphone formation shows how confused these markets are. A critical cluster of support around the 1.05 area.

EUR/USD 5-Hr Chart
EUR/USD 5-Hr Chart

Disclaimer: This post is informational only. This post is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for!

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