Following the big weekly gain for the OANDA:EURUSD , it seems like there is still some upside potential for the EUR ahead of the Fed's rates decision next week (at which point all bets are off depending on the outcome, even though no cut seems to be almost certain, but might still be used as a catalyst for bigger moves)
As seen on the chart we're currently in...
With the election of Trump and the push higher for the dollar, it seems hard to imagine the Pound will fare any better in the coming months.
December is usually a weak month for dollar but we are currently in a normal pullback for the cable.
We're reaching the weekly Pivot point which coincide with an historic resistance and the down trendline from the...
