Today was an extraordinary day with important events taking place, most notable the ECB Interest Rate Decision, ECB Press Conference and the World Economic Forum in Davos.

Traded pairs and personal current sentiment:

EUR/USD - bearish
USD/ZAR - bullish
USD/NOK - bullish
USD/ZAR - bullish
USD/MXN - bullish

EUR/USD rally may be over. Broad rising wedge breakout observable on hourly chart. I'll wait for the events tomorrow to confirm and follow closely.

Happy trading!
Translate to English Show original