EURUSD daily
EURUSD has been heading back up again, came within 40 pips of the all time high today. Since we have a double top in place at 1.5900, I continue to buy this pair up to this level, but as we get closer to it, I just keep taking profit. I am wondering if price can actually break this level? I do see a chart pattern forming, like an ascending triangle, which is a bullish pattern. The weekly chart has been riding the 5ema for weeks now, and maybe there is some divergence showing up that may back this pair up again to the downside. Tomorrow is the interest rate decision for EUR and also GBP, which could propel these pairs for some great trading. Today was nice and easy upside pips on both GBPUSD and EURUSD. As usual, I will wait until after the news data comes out for 5-15minutes before making any trades.