Seeing Euro weakness coupled with USD strength at the start of this week.
Think we'll quickly test the 1.09 region so my TP will be just above this, where the falling channel meets support.
We're in a downward trend that's supported by fundamental news. There's a lot going on this week but I think it's inevitable that this local trend will continue for a few more periods.
Think we'll quickly test the 1.09 region so my TP will be just above this, where the falling channel meets support.
We're in a downward trend that's supported by fundamental news. There's a lot going on this week but I think it's inevitable that this local trend will continue for a few more periods.
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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.