It's not yet time to trade it, but definitely to watch it: the Eurusd may actually be about to end its weekly correction. Considering that the monthly is in a downtrend, a continuation of this downtrend may unfold on the weekly soon.
Ahead of us the most important week of the year due to a Fed that at the next meeting (15-16 December), has decided to commence a series of increases in interest rates and present to forecast further rises in 2016. Investors in particular will await a press conference, Janet Yellen, which will take place 30 minutes after the Fed meeting. At the moment, the chances...