We have reached a moment where we need a correction. USD is rising on many pairs, so I would expect to see one more leg short. Hitting the previous support level, however, I would expect a bounce back on track.
With the fundamentals coming out this Thursday, I am really bullish on euro; however, investors will be too afraid to take any action before that, leaving a very convenient window for the above mentioned short correction.
Just overall trend expectation analysis; not actual positions. For positions, you need strict trigger rules.
With the fundamentals coming out this Thursday, I am really bullish on euro; however, investors will be too afraid to take any action before that, leaving a very convenient window for the above mentioned short correction.
Just overall trend expectation analysis; not actual positions. For positions, you need strict trigger rules.