EURUSD to retrace last 2 weeks of trading
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For me the US dollar sell-off has finished.
EURUSD went up to parity ahead of the ECB and now the US dollar bulls are back in control.
There isn't a fresh level until we get down to 0.9665, so that's where I am targeting for now!
EURUSD went up to parity ahead of the ECB and now the US dollar bulls are back in control.
There isn't a fresh level until we get down to 0.9665, so that's where I am targeting for now!
Nota
had taken profits, but waiting to see if we get a bigger move lower soonNota
FOMC raising by 75 basis points is going to help this longer-term view stay the course. Whether anyone could trade ahead of the FOMC is a different matter
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