EURUSD Market Outlook – 5 Dec 2017
Currently EURUSD is outside the rising wedge pattern we have outlined in our last post. The direction is not too clear though. EURUSD made around 30 pips down when it was first broke. Then it made 30 pips up now after. Since it is approaching to the wedge pattern again, it is recommended to watch out its reaction around the line we have circled in our screenshot. The analysis was made from the help of our Price breakout pattern scanner and harmonic pattern plus.