4-hour timeframe Technical details:Higher Linear Regression channel: direction - downward.Lower linear regression channel: direction - upward.Moving average (20; smoothed) - upward.CCI: 168.1668For the EUR/USD pair, the new trading week begins with a hint of the beginning of a downward correction. The upward movement as a whole is still maintained, and it is quite strong and recoilless. Traders continue to ignore any macroeconomic statistics. This conclusion is easily made based on the events of the past week when there was no reaction to the ADP and Nonfarm Payroll reports in the US. When there was no reaction to weak inflation in the EU. Thus, until the period of ignoring the macroeconomic background is completed, it is difficult to say what will happen in the market at all. At any time, new information about the "coronavirus" may arrive from the governments of the largest countries in the world that must fight the epidemic. Thus, what will be the reaction of the stock and currency markets to these messages? It is impossible to predict. That is, sharp turns and even stronger movements are possible. However, no one can predict these events either. Therefore, the only thing left for traders is to follow the trend and...

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