Continuing on my journey with the EUR/USD - but exercising caution here as an indecisive sentiment is observed. The pair was seen to form a Doji candle last week (indicating that neither buyers nor sellers controlled the action). The Doji candle was observed after the price hit 26 month highs above the 1.1910 levels.
So, in a summary - with the EUR/USD seen consolidating within the Doji candle's range this week - it's a clear indication of indecisiveness in the market.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now