eur/usd EUR/USD

[mlawson71]

I hope this is not the start of another range, though it does kind of look that way.

[mlawson71]

As I thought, it's consolidating around 1.1740 - 1.1730. We won't see a breakout this week either.

[mlawson71]

Clearly I was mistaken, but I am glad I was, because the consolidation finally ended!

[mlawson71]

Let's see how the pair will develop next week.

[mlawson71]

We may see some pullback once the market opens again, but the move north will likely continue developing.

[mlawson71]

As I thought, it's forming a pullback. Or maybe it will drop back down 1.1700, at this point it's unclear.

[mlawson71]

And it dropped back down to 1.1700. This is exhausting.

[mlawson71]

It's consolidating around 1.1700. I think now the question is whether there will be a proper breakout this week. Somehow I doubt it.

[mlawson71]

It dropped to 1.1670 after all, finally! We may even see 1.1600 this week.

[mlawson71]

It climbed back to 1.1700, the move south will continue next week, hopefully.

[mlawson71]

I really hope the move south will continue next week.

[mlawson71]

If the move south does continue we may likely expect a drop to 1.1600.

[mlawson71]

It has climbed back up 1.1750 but that could be a pullback before another move south.

[mlawson71]

It's consolidating around 1.1740 but eventually it should continue depreciating, I think.

[mlawson71]

It's climbing back toward 1.1770. It looks like the consolidation will continue for now.

[mlawson71]

It remains very undecided, unfortunately, like it has been all summer.

[mlawson71]

It's moving north after all. This range is very frustrating.

[mlawson71]

The market closed when EUR/USD was at 1.1800, let's see how it will develop next week.

[mlawson71]

It looks like it will be bullish after all. That is certainly not what I expected.

[mlawson71]

The pair remains bullish. I think we may even see it rise to 1.1860.