ridethepig | MAJOR BREAKOUT IN PLAY FOR EURUSD

With Fed & ECB cleared a good time to update the EURUSD chartbook:

https://www.tradingview.com/chart/EURUSD/gltxvesb-Dollar-devaluation-via-Fed/

https://www.tradingview.com/chart/EURUSD/A1QV0fk7-Chart-of-the-Week-EURUSD-Weekly-ridethepig/

https://www.tradingview.com/chart/EURUSD/jwaQIo38-ridethepig-Draghi-Out/

https://www.tradingview.com/chart/EURUSD/lssPzchm-MAJOR-Reversal-around-the-corner-in-EURUSD/

https://www.tradingview.com/chart/EURUSD/9duihKi0-EUR-Macro-Chart-ridethepig/

https://www.tradingview.com/chart/EURUSD/pWK4NnhD-Birds-eye-view-long-term-EURUSD-map/

https://www.tradingview.com/chart/DXY/APZDYwNR-Dollar-Focus/

https://www.tradingview.com/chart/DXY/pln8Hsig-Highs-cooking-in-Dollar/

https://www.tradingview.com/chart/DXY/kNkFzJ1G-Dollar-Monthly-Chart/

We have positioned live in two textbook cases:

https://www.tradingview.com/chart/EURUSD/k4VXOTm9-Worm-In-The-USD-Apple/

https://www.tradingview.com/chart/EURUSD/EOGAsIrS-ridethepig-Buying-Dips-In-Euro/

For the technicals EURUSD remains rangebound till we break above the highs. Only a close above will suggest a more important base is in place and upgrade my thesis to a conviction. Plenty of resistance above the market, I see scope for 1.16 in 2020 but would expect this to attract some profit taking. Good luck to those trading EURUSD already in longs or for those waiting patiently on the sidelines for the breakout to form.

Thanks for keeping your support coming with likes and jumping into the comments!