EURUSD has been ranging most of the week. It should change with upcoming fundamentals on Monday 1015 - 1030 for EUR and USD has a moderate impact all throughout the week but FOMC meeting is on Wednesday 900 (CEST). What is important is the on-going election in the United States (which by law doesn't end until December 12th). Trump's team prepares 7 lawsuits from which three successful ones can turn everything. I don't have the information when they are taking place. After markets have already reacted to Biden's alleged victory by pumping Asian stocks, I expect interesting reaction if Trump's team manages anything.
From a technical perspective, there are clear levels but no clear direction. If it weren't for a new week, I would say the market made a new higher low just now. But since it is a new week with important announcements very early at a start, it isn't predictive of any direction.
From a technical perspective, there are clear levels but no clear direction. If it weren't for a new week, I would say the market made a new higher low just now. But since it is a new week with important announcements very early at a start, it isn't predictive of any direction.