Classic M pattern on eu. Although it looks like a H&S on a larger time frame. i believe it has found support.
on a fundamental side, i dont believe this nfp week will be good. employment isnt where it needs to be, biden has rejected the GOP 618B stimulus package.
Democrats are taking their first votes Tuesday toward passing a $1.9 trillion coronavirus bill, potentially without Republican support.
President Joe Biden met with GOP senators, who are offering a roughly $600 billion proposal. (we know he declined it)
The budget resolution Democrats put forward would allow them to pass stimulus checks, unemployment benefits, vaccine distribution funds, and state and local government aid. - via CNBC