The currency has squeezed the range thereby the breakout is expected soon. No trades atm as I want it to go up first and then down for a retest. The EUR has found strong support at 1.13573 in accordance with my chart. There’s no large moves since May 6th but that usually happens before the currency soars (or slumps). I am also considering the DXY fundamentals and technicals. As long as the greenback being traded below 95 the EUR could take off to 1.149+. My advice is to go long at retest unless you’re yet in.
Stay tuned for more updates!
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Stay tuned for more updates!
www.fxkool.wordpress.com