FX.co ★ EUR/USD

EURUSD I did not expect at all that the price would stay in a sideways range for a whole week. It’s clear that an exit from the current accumulation will follow, and here the central boundary of the large range is already set up for a breakout, and from there the highs at 1.1849. Overall, the large range on the daily timeframe remains the priority. Right now nobody is doing well with the economy. Humanity does not learn lessons and never will... That’s why price can move in such ranges for several years.

I do not expect any major breakouts even in the next few years. Neither Europe nor the USA is able to overcome the current situation, or rather they do not want to. If you look at the weekly timeframe, then at most to parity levels, and then again a move to the north back to the current levels and not higher.