TheNews

"No matter what the economic data is, the EURUSD is having a hard time falling. Actually, it is being bought on each and every dip and people wonder if it isn’t a wise decision to actually buy the pair and hold the position instead of shorting it. The EURUSD outlook looks bearish, though."



"EURUSD Bearish on Bigger Time Frames. The reason why the EURUSD is not falling (yet!) is not that the pair is bullish or something, but because the pattern that broke lower is on a big time frame: the daily chart."

the source