DVtheTrader

EUR/USD IDEA FOR WEEK OF NOV.13

Short
OANDA:EURUSD   Euro / U.S. Dollar
Once again the market has been in a range this week with rejections higher of last weeks close. On the daily chart I can see the market has formed a double top and Fridays movement was to fill in previous support become resistance. This leads me to believe the market is in favor of the USD and untop of that fundamentally the hawkish stance of the FED including the dollar being a safe haven currency. This upcoming week i believe its one for the bears.
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