EURUSD – Finally out of the undefined range
Since the first days of February, the EURUSD traded in an undefined range (a range very difficult to trade by the way):
A few hours back, the EURUSD finally broke through the bottom of the range, triggering a bearish market condition. This condition is likely to maintain until the Euro reaches the next LT support level which is at 1.2970
Only long opportunities are in play in the EURUSD.