The EUR/USD fell to a new low on the year at 1.2360 last week and has since been consolidating. The 1H chart shows the pair trading in a triangle ahead of US jobless claims and JOLTS job openings data. (click to enlarge) The 1H chart shows the EUR/USD without directional bias this week. But as the pair approaches the apex, it looks ready to spring out of the coiling action.
During the 11/13 US session, we will […]
