NOTE:
1 EURUSD has been in a MACRO range since 1985.
BULLISH REASONS:
1. It's at a major support.
2. Making higher lows.
3. 200 EMA is acting as support.
4. US FED is pausing rates.
5. Weekly GAUSSIAN CHANNEL is green.
BEARISH REASONS:
1. It's in a down trend parallel channel.
1 EURUSD has been in a MACRO range since 1985.
BULLISH REASONS:
1. It's at a major support.
2. Making higher lows.
3. 200 EMA is acting as support.
4. US FED is pausing rates.
5. Weekly GAUSSIAN CHANNEL is green.
BEARISH REASONS:
1. It's in a down trend parallel channel.