eu hit its upper trend resistances recently and runs out of steam after a substantial - and enduring for quite some time now - breakout.
it is about time that eu trades back to least trend supports of its newly built uptrend. we will then see if and how eu confirms thats new uptrend or moves down further with its previous momentum it has strongly been in over the past year.
it is about time that eu trades back to least trend supports of its newly built uptrend. we will then see if and how eu confirms thats new uptrend or moves down further with its previous momentum it has strongly been in over the past year.
Comment:
Havent seen a more overbought EUR since thriving bull market highs in mid 2020. what a great opportunity to sell EUR. took it.
