Well, it might not be George-Soros-like but there is definitely some potential with these two currencies! After only slightly moving below our target zone, the Euro is set to pick up pace in its effort to regain grip over the Dollar. Its first test will be the resistance mark at $1.14948 which we believe the Euro should manage to overcome. Form there, the next resistance and the target zone to the north should be more easy to reach.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.