Consolidation: The EUR/USD has been bearish in the month of February falling from 1.3710 to this week’s low of 1.3015. In the daily chart you can see that this action broke below a rising trendline that went back to July as you can see in the daily chart below. In the hourly chart, you can see that…

Read the original here:
EUR/USD Awaits Tight Consolidation Breakout
