For the past two weeks,EUR/USD has moved mostly sideways. It’s been — for lack of a better word — boring.
Yet, you may know from your own experience that the longer a consolidation takes, the faster and farther the price jumps once it ends.
And this consolidation has been building like a volcano gathering steam for almost two weeks.
When the consolidation finally ends — and it should be soon — we may see prices explode not only in EUR/USD but also in related forex pairs like GBP/USD, USD/JPY, USD/CHF, USD/CAD and AUD/USD.
Are you ready to catch these budding opportunities?
Elliott Wave International’s free “5-5-5” Forex Trading Event can help.
From July 24 to 29, EWI Senior Currency Strategist Jim Martens will show you how to find new trades via five brand-new video forecasts and FX trading lessons.
These forecasts are normally part of a $199/month subscription service for pro traders, but EWI is making them free exclusively during this first-of-its-kind event.
All you need is to take 30 seconds now to reserve your FREE virtual seat.