EURUSD made new lows for the week today but couldnt keep the momentum, making price reverse a 55 pips move. On the hourly chart we still inside a consolidation area from tuesday. I still think price shouldnt go back above the 100 and 200 hourly moving average to still have chances to see the pair falling. If price breaks it, we might see price trying to go to the 1.19 level. The main issue again with USD pairs its the fundamental, this time its not the data or political issues inside the US, its (i think) more related to this tension they have with North Korea.




By the way you can also watch my analysis previous todays NY session in the next video

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