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EURUSD Low volatility during holidays

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As I have explained in my previous EURUSD coverage, the pair has retraced back to POC but Cup with Handle variant has confirmed a temporary uptrend and price was rejected towards the triangle upper trend line. Currently most major banks are on holidays and trading should resume after the Christmas holidays and into the New Year, where again, most major banks will be on holidays. Remember, when banks are on holidays there is no one to protect support/resistance levels and some unusual spikes

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