Could It Be This Simple?

21 ott 2020

Interesting price action at these levels. Looks like we may continue to trade sideways for a bit, before a potential move to the upside. Let's see how this week plays out, and if the bulls can recapture key supports on the majors.

22 ott 2020

Nota

Nice bounce off yesterday's low around 92.46. Sitting near major long-term support still. I expect bearishness in risk assets heading into month end, so if US markets lose short-term support, given both the geo-political and economic climate, we might see a return of King Dollar sooner than we think...