A loser and a better winner in the EURUSD to close out a narrow week of August doldrums trading (despite a lot going on in the world). See EURUSD below.
Here’s the US Dollar Index intraday with market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday from the pairs that we cover, then look at the daily charts heading into the new week, and then look at the US Dollar Index, which is stuck in a weird mess for August.
Triggered short at A and stopped. Triggered long at B, hit first target at C, raised stop in the morning at stopped at D:
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