Monday to Wednesday of this week does not have any major economic news related to EUR or USD. As I have explained in my article TradersJournal - The Holy Grail , I don't expect any major movements in this pair until Thursday. This is the time used by the the big boys to accumulate and plan for the big move. The price is trending within narrow range with occasional shake out to remove the weak hands.


After accumulation, the price should move up after the 3 high impact news of USD are released simultaneously on Thursday. Until then, expect trending to continue, watch out for dips which represents buying opportunities.

Happy trading!
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