New HH likely

Eurusd trend that had been triggered by fundamental data in the middle of November is likely to continue above 1.10 until next CPI/NFP/FED releases Dec 8 - 13 (that is when we might see a major reversal). So far there are no reasons for trend to reverse, except the fact we hit a resistance at round level 1.10, which is likely to be broken again. Price is likely to reach 200 weekly sma at 1.1153 by the next batch of fundamental data starting Dec 8.

For educational purposes only!