Righn now we can see a pennant pattern on EURUSD chart. It good suits for my previous idea. This continuing consolidation of the market is just a slow wave B. Look forward for some news both from the Eurozone and the United Startes. This week we wait for US-China trade talks this Thursday and Friday and measures to be taken after these talks.
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As far as we heard Mr.Trump's ready to rise tarrifs it's quite likely the same measure may be undertaken by Chinese side. As a result we may see a weakening of US Dollar.
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The way up has begun! If you haven't bought yet do it after pullback.
